Average gasoline prices in Chattanooga have fallen 11.8 cents per gallon in the last week, averaging $2.49/g today, according to GasBuddy's survey of 170 stations in Chattanooga.
Prices in Chattanooga are 15.1 cents per gallon lower than a month ago and stand 53.2 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in Chattanooga was priced at $2.29/g yesterday while the most expensive was $2.99/g, a difference of 70.0 cents per gallon. The lowest price in the state yesterday was $2.27/g while the highest was $3.49/g, a difference of $1.22/g.
"The average price of gasoline in the U.S. hasn't been this low in March since 2021, when the pandemic significantly reduced demand and kept prices suppressed. This time around, caution is also playing a role in keeping prices lower— particularly uncertainty over tariffs, which is likely having a moderate impact," said Patrick De Haan, head of petroleum analysis at GasBuddy.
The national average price of gasoline has fallen 0.6 cents per gallon in the last week, averaging $3.03/g today. The national average is down 8.9 cents per gallon from a month ago and stands 36.7 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country. The national average price of diesel has decreased 2.1 cents in the last week and stands at $3.608 per gallon.
"Concerns about the direction of the economy could have a major influence on fuel prices in the months ahead, especially with the high level of uncertainty surrounding tariffs," De Hann added. "Additionally, OPEC+ announced last week that it would gradually begin restoring oil production after nearly two years of cuts, adding further downward pressure on oil prices. As a result, the typical seasonal rise in gas prices has yet to materialize, and if and when it does, it may be considerably smaller than expected."
Historical gasoline prices in Chattanooga and the national average going back ten years:
- March 10, 2024: $3.02/g (U.S. Average: $3.40/g)
- March 10, 2023: $3.18/g (U.S. Average: $3.44/g)
- March 10, 2022: $4.13/g (U.S. Average: $4.34/g)
- March 10, 2021: $2.53/g (U.S. Average: $2.82/g)
- March 10, 2020: $2.01/g (U.S. Average: $2.33/g)
- March 10, 2019: $2.24/g (U.S. Average: $2.48/g)
- March 10, 2018: $2.21/g (U.S. Average: $2.53/g)
- March 10, 2017: $2.00/g (U.S. Average: $2.30/g)
- March 10, 2016: $1.65/g (U.S. Average: $1.84/g)
- March 10, 2015: $2.15/g (U.S. Average: $2.45/g)
Neighboring areas and their current gas prices:
- Knoxville- $2.67/g, down 6.9 cents per gallon from last week's $2.74/g.
- Tennessee- $2.64/g, down 8.7 cents per gallon from last week's $2.72/g.
- Huntsville- $2.70/g, down 4.0 cents per gallon from last week's $2.74/g.
GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy's averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.