Quantcast

Somerset Times

Monday, December 23, 2024

1 gas station in cities throughout Somerset County had the cheapest midgrade gas in week ending Mar. 2

Webp tk7a076l7qtsgyatowplq3lj6hxq

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 Somerset County selling midgrade gas at the price of $3.69 per gallon in the week ending Mar. 2, according to GasBuddy.com.

Of the seven gas stations in cities within Somerset County, just one offers midgrade gas.

The average price of midgrade gas in New Jersey was $3.66, compared to $3.70 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.

MORE NEWS