Gas Prices Hit 6 Year Low

We continue to have some of the lowest prices in the country.

Nationally, prices remained the same last week at $2.03.

Our average price fell to $1.74.

That compares with $1.84 in Knoxville and $1.85 in Huntsville.

"The next 24 hours will likely see the national average drop to a new six-plus year low. The U.S. average needs to fall just seven-tenths of a penny from its current $2.032 per gallon (to $2.025/gal.) to be the lowest since March 25, 2009," said Patrick DeHaan, GasBuddy senior petroleum analyst. "As for the outcome of OPEC’s meeting late last week: OPEC is going to wait for production to resume from Iran before looking at oil production quotas again next year. While we wait and see what that next meeting might bring, high oil production will likely continue to boost already record high oil inventories, keeping gasoline prices somewhat subdued. The national average has once again resumed falling after Turkey’s downing of a Russian fighter jet caused a brief hiatus, but with prices moving lower, a $1.99 national average gasoline price could be something we witness this week," he added.

Murphy USA has $1.61 on Dayton Pike.

Four other Soddy Daisy stations have $1.63 prices.

And you’ll find $1.64 in Red Bank and the Signal Mountain boulevard area.