Chattanooga Gas Prices Hit $4.03 After Weekly Spike
Average fuel costs in Chattanooga rose 15.2 cents last week to $4.03 per gallon. National averages also climbed sharply due to supply issues.
Key points
- Chattanooga gas prices rose 15.2 cents last week to an average of $4.03 per gallon.
- National average gasoline prices increased by 18.5 cents to reach $4.44 per gallon.
- Refinery issues in the Great Lakes region and geopolitical tensions are driving price hikes.
Average gasoline prices in Chattanooga rose 15.2 cents per gallon over the past week. The current average stands at $4.03 per gallon for drivers in the region.
This increase exceeds the national average rise of 18.5 cents. The national average price now sits at $4.44 per gallon. Chattanooga prices are 54.4 cents higher than they were one month ago.
Regional Price Variations Remain Wide
The cheapest station in Chattanooga charged $3.75 per gallon yesterday. The most expensive station charged $4.89 per gallon. This creates a significant spread of $1.14 within the local market.
Statewide, the lowest price recorded was $3.49 per gallon. The highest price in Tennessee reached $5.09 per gallon. Neighboring Knoxville saw prices climb to $4.04 per gallon this week.
Supply Disruptions Drive National Costs
Refinery issues in the Great Lakes region pushed prices up sharply. Michigan, Indiana, Illinois, Ohio, and Wisconsin all saw gains over 30 cents. Patrick De Haan of GasBuddy identified these regional problems as a key driver.
Diesel prices rose in every state during the same period. Five states recorded increases exceeding 50 cents per gallon. Strikes on Russian oil refineries have tightened global diesel supply chains.
Geopolitical Risks Cloud Future Outlook
New attacks by Houthi groups add further uncertainty to the market. Fresh escalations between the United States and Iran complicate the outlook. Analysts say broader price changes depend heavily on these overseas developments.
Data from chattanoogapulse.com confirms these local trends align with national patterns. The survey covered 170 stations in Chattanooga and over 150,000 nationwide. Prices remain volatile as global supply constraints persist across the sector.
