There was a single gas station in cities across Fairbanks North Star Borough selling regular gas at the lowest price of $2.95 per gallon in the week ending Dec. 14, according to customer reports submitted to GasBuddy.com.
The average reported cost of regular gas in cities within Fairbanks North Star Borough was $3.17 per gallon.
Of the 49 reported gas stations in cities within Fairbanks North Star Borough, five offer regular gas.
The average reported price of regular gas in Alaska was $3.37, compared to $3.42 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.
