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Lubbock Times

Tuesday, December 24, 2024

Cheapest midgrade gas in cities across Lubbock County in week ending Jan. 20

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Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov

Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov

There was a single gas station in cities across Lubbock County selling midgrade gas at the price of $3.34 per gallon in the week ending Jan. 20, according to GasBuddy.com.

Of the 21 gas stations in cities within Lubbock County, just one offers midgrade gas.

The $3.01 average price of midgrade gas in Texas 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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