Drivers in Southeast Fairbanks Census Area see lowest regular gas at $5.04 in week ending May 2

Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC) - https://cms.ferc.gov/
Lindsay S. See, Commissioner of Federal Energy Regulatory Commission (FERC) - https://cms.ferc.gov/
0Comments

Regular gas was sold at the lowest price of $5.04 per gallon at one gas station in Southeast Fairbanks Census Area during the week ending May 2, according to customer reports submitted to GasBuddy.

Countywide, regular gas averaged $5.22 per gallon.

Of the 19 reported gas stations in cities within Southeast Fairbanks Census Area, five offered regular gas.

The statewide average price of regular gas in Alaska was $4.90 per gallon for the week ending May 2, an increase from the previous week.

According to an analysis by Time Magazine, fuel prices remain elevated and volatile as global oil markets react to geopolitical developments tied to the U.S. conflict with Iran, with supply concerns focused on potential disruptions in the Strait of Hormuz. As of mid-April, the national average for gasoline remains above the $4-per-gallon mark, while diesel exceeds $5.60, reflecting recent swings driven by a temporary ceasefire and subsequent renewed escalation. Analysts say prices are likely to rise further in the near term as uncertainty persists and supply risks remain, with additional increases expected unless shipping flows through key transit routes are restored.

Gas price data reflects cash payments. Some stations may charge higher prices for credit card transactions due to processing fees, though such surcharges are prohibited in some states and territories.

Lowest Reported Regular Gas Prices in Cities Associated With Southeast Fairbanks Census Area in Week Ending May 2

Information in this article was obtained from GasBuddy. The source data can be found here.



Related

 -

161 lawyers with active licenses to practice law in cities in Fairbanks North Star Borough as of May

There were 161 lawyers in good standing in cities in Fairbanks North Star Borough as of May.

David Rosner, Commissioner of Federal Energy Regulatory Commission (FERC) - https://www.ferc.gov/

Southeast Fairbanks Census Area sees lowest price for regular gas at $5.29 in week ending May 30

The lowest price of regular gas in cities throughout Southeast Fairbanks Census Area was found at a single gas station in the week ending May 30, according to customer reports submitted to GasBuddy.

Milo Griffin Assistant Coach - University of Alaska Fairbanks Athletics

Aysha Peter returns to Fairbanks to join Nanooks women’s basketball team

Aysha Peter is returning home to Fairbanks after two seasons at Bellevue College to join the Alaska Nanooks women’s basketball team. The former West Valley High School standout brings experience as an award-winning scorer.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Interior Alaska News.