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Thursday, November 21, 2024

1 gas station in cities throughout New Hanover County had the cheapest premium gas in week ending May 18

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Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

There was a single gas station in cities across New Hanover County selling premium gas at the lowest price of $3.99 per gallon in the week ending May 18, according to GasBuddy.com.

The average cost of premium gas in cities within New Hanover County was $4.17 per gallon.

Of the 15 gas stations in cities within New Hanover County, three offer premium gas.

The average price of premium gas in North Carolina was $4.13, compared to $4.17 the week before.

Experts predict gasoline prices could drop below $3 this year before rebounding closer to $4 by year's end. GasBuddy forecasted a national average of $3.38 per gallon, down from $3.51. An outlook published in late 2023 suggests that gas rates will continue to fall in 2024.

Gas data refers to the price of gas when paid for by cash, not credit. Gas stations can charge drivers more for using credit cards due to surcharge fees. This is prohibited in 10 U.S. states.

While data is accurate as of press time, note that gas prices can fluctuate daily or even hourly.

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