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Oxford Reporter

Thursday, November 14, 2024

1 gas station in cities throughout Pontotoc County had the cheapest regular gas in week ending May 25

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Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie | www.ferc.gov

There was a single gas station in cities across Pontotoc County selling regular gas at the lowest price of $2.99 per gallon in the week ending May 25, according to GasBuddy.com.

The average cost of regular gas in cities within Pontotoc County was $3.30 per gallon.

Of the 11 gas stations in cities within Pontotoc County, two offer regular gas.

The average price of regular gas in Mississippi was $3.01, compared to $3.02 the week before.

Drivers across the U.S. have faced a rollercoaster of gas prices in recent months and years. Though the cost of a gallon of gas is dropping, experts suggest they may rise to $4 before the end of 2024.

Many analysts blame the COVID-19 pandemic for crushing oil demand and then oil production and Russia's war against Ukraine.

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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