Finally, major drop in Chattanooga gas prices after hurricane run-up

CHATTANOOGA (WDEF) – Gas prices dropped a full ten cents in the Chattanooga area last week, according to the GasBuddy.com survey.

The local average is now $2.32 a gallon.

But you can find prices as low as $2.12-14 right now in Lookout Valley (the lowest in Chattanooga).

And prices are even lower now in Cleveland with $2.05 at the BP on Keith & $2.07 (Gas N Go Ocoee Crossing, Murphy USA on Keith).

In Athens, Tennessee, the lowest price is $2.08 at the Murphy USA on Decatur Pike.

“Gas prices have today entered their fourth straight week of declining nationally, a trend unlikely to be interrupted by Hurricane Nate over this past weekend,” said Patrick DeHaan, senior petroleum analyst for GasBuddy. “Gasoline supply has continued to improve and as temperatures begin to feel more fall like, demand for fuel will continue to decline.

“Hurricane Nate, a fast moving storm, did little to disrupt the flow of fuel to market while having a larger impact on oil rigs. However, the nation continues to be awash in crude oil, so the storm mattered little to oil prices.

“Look for relief to continue in most of the country while Great Lakes states may see a move higher in the next few days due only to the repetitive price cycling behavior. Nationally, prices still stand about 15 cents per gallon higher than their pre-Harvey level, but the gap will continue to slow as prices slowly trickle down.”

Categories: Chattanooga, Cleveland, Consumer News, Local News

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