Gas prices falling in Chattanooga after Memorial Day

CHATTANOOGA (WDEF) Gas prices fell 1.4 cents in Chattanooga last week, according to the GasBuddy.com survey.

That drops the average price under the $2 mark.

The national average actually went up almost a penny.

So our gas continues to be a bargain compared to our neighbors in Knoxville ($2.06), Nashville ($2.17), Huntsville ($2.10) and Atlanta ($2.25).

“The first week of the summer driving season is now under our belts, and we saw little change in gas prices nationally,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com.

“Prices have seen little change and as we continue to progress into the summer, we’re seeing gas prices now roughly the same as a year ago in many places. Oil markets failed to be convinced last week by OPEC’s production cuts as U.S. oil production rises to its highest level since summer 2015. This has kept the price of oil constrained and keeps the door propped open for gasoline prices to remain at historically low levels as millions of Americans take to the road.”

The cheapest gas in Chattanooga is $1.84 at the Circle K on Mountain Creek Road.

Several stations in Lookout Valley have prices at $1.86.

Categories: Business, Chattanooga, Local News

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