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Sunday, November 24, 2024

1 gas station in cities throughout Hidalgo County had the cheapest midgrade gas in week ending Nov. 16

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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 Hidalgo County selling midgrade gas at the lowest price of $3.25 per gallon in the week ending Nov. 16, according to customer reports submitted to GasBuddy.com.

The average reported cost of midgrade gas in cities within Hidalgo County was $3.44 per gallon.

Of the seven reported gas stations in cities within Hidalgo County, four offer midgrade gas.

The average reported price of midgrade gas in New Mexico was $3.20, compared to $3.26 the week before.

Gas prices in the U.S. have fluctuated greatly in recent times and many drivers are feeling the pain at the pump.

The cost of rising gas prices is made tougher on average U.S. families by rising inflation. Families had to pay nearly 8% more for average goods and food they needed.

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.

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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