Chattanooga gas prices jump to a 7-year high and may go higher

Staff photo by Troy Stolt / "I don't know anyone who wants to pay more for gas. It's sorta a bipartisan thing," Ben Michaels said as he put gas in his car at the Speedway gas station on the corner of South Holtzclaw Avenue and E. Third Street on Monday.

Chattanooga gas prices jumped Monday to the highest level in seven years as oil prices rose after OPEC decided not to raise production more than it already agreed to in July.

The average price of regular gas in Chattanooga increased by 14.9 cents per gallon in the past week to $2.95 per barrel, according to GasBuddy's daily survey of 170 stations in Chattanooga.

Steve Daniel, a Murfreesboro, Tennessee, motorist who spent more than $54 to fill up his Toyota Tundra in Chattanooga on Monday, said higher fuel prices aren't changing his travel plans.

"Gas prices go up and down, and I think once we see more electric vehicles on the road, they'll go back down again," he said.

Gas prices in Chattanooga are 13.5 cents per gallon higher than a month ago and now average $1.12