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Tuesday, November 19, 2024

Cheapest premium gas in cities across Champaign County 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 Champaign County selling premium gas at the price of $4.09 per gallon in the week ending Feb. 24, according to GasBuddy.com.

Of the five gas stations in cities within Champaign County, just one offers premium gas.

The average price of premium gas in Illinois was $4.37, compared to $4.32 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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