Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov
Federal Energy Regulatory Commission (FERC) Chairman Willie L. Phillips | www.ferc.gov
The average cost of premium gas in cities within Shelby County was $3.54 per gallon.
Of the 175 gas stations in cities within Shelby County, five offer premium gas.
The average price of premium gas in Tennessee was $3.54, compared to $3.58 the week before.
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. An outlook published in late 2023 suggests that gas rates will continue to fall in 2024.
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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