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Tuesday, November 26, 2024

1 gas station in cities throughout Madison County had the cheapest regular gas in week ending Feb. 24

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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 Madison County selling regular gas at the lowest price of $2.84 per gallon in the week ending Feb. 24, according to GasBuddy.com.

The average cost of regular gas in cities within Madison County was $2.95 per gallon.

Of the 40 gas stations in cities within Madison County, two offer regular gas.

The $2.94 average price of regular gas in Tennessee was unchanged from the previous week.

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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