Gas Prices Fall 2.8 Cents In Chattanooga

Monday, July 14, 2014
Average retail gasoline prices in Chattanooga have fallen 2.8 cents per gallon in the past week, averaging $3.28 per gallon on Sunday, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga. This compares with the national average that has fallen 3.7 cents per gallon in the last week to $3.61 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Chattanooga during the past week, prices Sunday were 3.
8 cents per gallon lower than the same day one year ago and are 7.1 cents per gallon lower than a month ago. The national average has decreased 4.3 cents per gallon during the last month and stands  unchanged compared to this day one year ago.

"The last two weeks have seen some large drops in oil prices and gasoline spot prices- a very exciting thing to see in the middle of the summer driving season," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Motorists have some nice relief coming at the pump to look forward to in the next week to two as these drops make it to retail outlets. Over the next week, the national average will fall back under $3.50/gal- something we haven't seen since April, and will also drop under last year's average in the next few days. There is also the possibility for further declines if we don't see a hurricane or geopolitical tensions ruin things. I'd caution motorists as we expect these large decreases to only buy the amount of gasoline they immediately need as prices drop, and to shop around as price gaps between stations widen because of the quick decrease in wholesale gas price. Some stations will be buying the cheaper gasoline and passing on savings faster, leading to a wide array of gas prices."


First National Community Bank Opens Chattanooga Loan Office

Laurice Tatum, president and chief executive officer of First National Community Bank, Thursday announced that the Georgia-based bank has opened a Loan Production Office in Chattanooga, at 6031 Shallowford Road, Suite 107.  Veteran loan professional Ralph Smith will oversee operations at the LPO as Chattanooga Market president. Mr. Smith comes to the position after most ... (click for more)

Employment Up, Unemployment Rate Down In Northwest Georgia In August

State Labor Commissioner Mark Butler said on Thursday that Northwest Georgia’s unemployment and jobs picture looked bright in August. Mr. Butler said  Wednesday  that in August the unemployment rate was just 4.7 percent, unemployment claims fell and employment growth continued to climb.   “The August numbers show Northwest Georgia’s economy and outlook ... (click for more)

Firefighters Battle 2-Alarm Apartment Building Fire

More than a dozen people were forced from their homes early Thursday morning when fire broke out in their apartment building.   The Chattanooga Fire Department received the alarm at  2:58 a.m.  and responded to Rainbow Creek Apartments at  7604 Standifer Gap Road  with six fire companies. Seeing a significant amount of fire upon arrival, a ... (click for more)

Lone Survivor Of Lookout Valley Massacre Says He Is 100% Sure Morse Was One Of Shooters; Detective Tells Of Retrieving Guns

The lone survivor of a massacre at a Lookout Valley trailer park on April 9, 2014, testified Wednesday that he is 100 percent sure that Derek Morse was one of the two shooters. Matthew Callam said he was thrown off initially by the fact that Morse had facial hair at the time, but he said when he was shown a recent photo of Morse soon after the incident "it was like I was looking ... (click for more)

Why The Ed Johnson Memorial Matters To Me, A Libertarian

I have seen a lot of responses to the question of whether or not our city and county should financially support the Ed Johnson Memorial at the Walnut Street bridge. Some fully support government pitching in and some say that private individuals and civic organizations should pitch in. Both are correct.  Our city has become a very sought after place to live. From our hometown ... (click for more)

Roy Exum: McQueen & Her TVAAS

If I am reading my Ouija Board right, I suspect the Hamilton County School Board will vote to allow a controversial “partnership” to be formed with the state Board of Education tonight at its monthly meeting. State Education Commissioner Candice McQueen has said she will demand the one-sided partnership to take over the operation of five at-risk schools in Hamilton County and, if ... (click for more)