Chattanooga, August 5, 2025
News Summary
Chattanooga residents have recently enjoyed a 9.4 cents drop in gasoline prices, now averaging $2.59 per gallon. This marks a decrease compared to last week, although prices are still slightly higher than a month ago. Current gas costs are significantly lower than last year, presenting a positive trend for consumers amidst fluctuating national averages and ongoing economic conditions.
Chattanooga Gas Prices See Notable Decrease
Gasoline prices in Chattanooga have dropped by 9.4 cents per gallon in the past week, now averaging at $2.59 per gallon, according to a recent survey conducted by GasBuddy. The survey monitored a total of 170 gas stations across the city.
Despite the weekly decline, current gas prices in Chattanooga are still 4.9 cents higher compared to a month ago. However, the prices are considerably lower than a year ago, standing at 41.9 cents per gallon less than this time last year.
Gas Price Variations
The survey also highlighted significant price variations among different stations in the area. The cheapest gas station in Chattanooga is currently offering gasoline at $2.44 per gallon, while the most expensive station is charging $2.99, marking a 55.0 cents difference between the cheapest and most expensive options available.
In comparison, the lowest gas price across the state was noted to be $2.43 per gallon, while the highest was significantly higher at $4.11, indicating a stark $1.68 difference among gas stations statewide.
National Context
On a broader scale, the national average gasoline price has experienced a slight increase of 1.2 cents per gallon over the last week, currently averaging $3.11 per gallon. This national average reflects a modest rise of 1.3 cents from a month ago but is 32.8 cents lower than the price one year ago. Furthermore, the average price for diesel fuel has seen a slight decrease of 0.1 cents in the last week, now at $3.708 per gallon.
The fluctuations in gas prices can be attributed to multiple factors, including volatile oil prices. Recent spikes saw oil prices reach up to $70 per barrel before retreating. These price changes have been influenced by OPEC+ decisions to ramp up oil production scheduled for September and ongoing economic uncertainties stemming from a weak jobs report and renewed tariff threats.
GasBuddy’s Survey Details
GasBuddy, a recognized authority in gas pricing, updates its pricing surveys 288 times daily and collects data from over 150,000 gas stations across the country. For those interested in historical trends, GasBuddy maintains an archive of gas pricing data for Chattanooga and the national average spanning the past ten years, providing essential insights into pricing fluctuations over time.
Conclusion
While Chattanooga residents are benefiting from a week-to-week reduction in gas prices, they are still facing higher prices compared to last month and historical averages. As economic conditions continue to influence oil prices, residents are advised to stay informed about pricing trends in both local and national markets.
FAQ Section
What is the average gas price in Chattanooga as of this week?
The average gas price in Chattanooga is currently $2.59 per gallon.
How much have gas prices decreased in the last week?
Gas prices have decreased by 9.4 cents per gallon in the last week.
What is the price difference between the cheapest and most expensive gas stations in Chattanooga?
The price difference is 55.0 cents per gallon, with the cheapest station priced at $2.44 and the most expensive at $2.99.
How do Chattanooga gas prices compare to national averages?
The national average price for gasoline is $3.11 per gallon, which is higher than Chattanooga’s average of $2.59 per gallon.
What factors are influencing gas price fluctuations?
Fluctuations in gas prices are influenced by factors such as oil prices, production levels set by OPEC+, and economic indicators.
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Additional Resources
- Chattanooga Pulse: Gas Prices Fall Nearly 10 Cents a Gallon Over the Past Week
- Wikipedia: Gasoline
- Chattanooga Pulse: Gas Prices Rise Slightly Over the Past Week
- Google Search: Gas Prices
- Chattanoogan: Gas Prices Drop 6.9 Cents In Chattanooga
- Google Scholar: Gasoline Prices
- Chattanooga Pulse: Gas Prices In Chattanooga Fall Nearly 7 Cents
- Encyclopedia Britannica: Gas Prices
- Chattanoogan: Gas Prices Rise 16.6 Cents In Chattanooga
- Google News: Chattanooga Gas Prices
Author: STAFF HERE CHATTANOOGA WRITER
The CHATTANOOGA STAFF WRITER represents the experienced team at HEREChattanooga.com, your go-to source for actionable local news and information in Chattanooga, Hamilton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Riverbend Festival, Chattanooga Oktoberfest, and Moon River Festival. Our coverage extends to key organizations like the Chattanooga Area Chamber of Commerce and United Way of Greater Chattanooga, plus leading businesses in manufacturing, insurance, and utilities that power the local economy such as Volkswagen Chattanooga, BlueCross BlueShield of Tennessee, and EPB. As part of the broader HERE network, including HEREBristol.com, HEREKnoxville.com, HEREMemphis.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.
