Local gas prices continue to drop, some below $2
CHATTANOOGA (WDEF) Another major drop in gas prices pushed a few pumps under the $2 mark for the first time since before the hurricanes.
GasBuddy.com reports that prices fell 9.3 cents last week in Chattanooga.
The average price is $2.21 a gallon.
Chattanooga once again has the lowest prices in the region.
In fact, the 10 lowest prices in the state this week are all from Chattanooga ($1.91 Lookout Valley), Dunlap ($1.99 Murphy USA) and Cleveland ($1.99 BP Keith St).
The lowest price in Georgia now is $2.12 at the Costco in Ringgold.
The national average dropped by only 1.6 cents last week.
“For the fifth straight week, the national average gasoline price has moved lower. Though not all states saw decreases in the last week, we nonetheless saw the nation’s average price per gallon fall as we continue into the peak of fall, which is hardly a surprise,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.
“While prices nationally remain an average of 20 cents higher than a year ago, we’ll likely continue to see improvement at the pump into a sixth week as supply outpaces demand and gasoline inventories continue their slow recovery as we soon close out an active hurricane season.”