Gas Prices Rose over Last Week

Chattanooga (WDEF) – Gas prices drifted higher last week, but watchers say it is not a trend.

We’re still headed for the cheapest summer gas prices in six years.

The national average price of gas remained flat last week, but it rose two cents in Tennessee.

And was saw prices go up a penny here in Chattanooga, according to Gas Buddy.

"Prices should begin to drop later this month as refiners around the nation complete their maintenance switchover to produce summer-fuel grades," said Mark Jenkins, spokesman, The Auto Club Group. “The post-switchover drop in June over the past five years has averaged 12 cents per gallon."

In comparison to this same date last year, Georgia drivers are paying 88 cents less.

And Tennessee drivers are saving 92 cents a gallon this year.

As expected, OPEC opted to maintain its current production levels at 30 million barrels a day.

members say global prices are at levels suitable for both producers and consumers. 

Categories: Local News

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