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Thursday, December 26, 2024

Cheapest diesel in cities across Isle of Wight County in week ending May 11

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Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

Federal Energy Regulatory Commission (FERC) Commissioner Allison Clements | www.ferc.gov

There was a single gas station in cities across Isle of Wight County selling diesel at the lowest price of $3.88 per gallon in the week ending May 11, according to GasBuddy.com.

The average cost of diesel in cities within Isle of Wight County was $4.04 per gallon.

Of the four gas stations in cities within Isle of Wight County, two offer diesel.

The average price of diesel in Virginia was $3.94, compared to $3.95 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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