Lowest price for regular gas in Franklin County at $2.59 in week ending Feb. 7

Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie
Federal Energy Regulatory Commission (FERC) Commissioner Mark C. Christie
0Comments

There was one gas station in cities across Franklin County selling regular gas at the lowest price of $2.59 per gallon in the week ending Feb. 7, according to customer reports submitted to GasBuddy.

Regular gas prices averaged $2.75 per gallon in Franklin County.

Of the 43 reported gas stations in cities within Franklin County, nine offered regular gas.

For comparison, the average price of regular gas in North Carolina was $2.68 per gallon for the week ending Feb. 7, down from the previous week.

U.S. gas prices continue to decline after reaching their lowest level since 2021, according to GasBuddy. The group projects the national average could dip below $2.80 per gallon during the holiday period, driven by increased oil production and lower seasonal demand.

The U.S. Energy Information Administration expects global oil stockpiles to keep growing into 2026, a trend that could weigh on crude prices in the near term. Brent crude is projected to average about $55 per barrel in early 2026 and remain near that level for the rest of the year. The agency notes that production decisions by OPEC+ and continued inventory building in China could limit how far prices fall.

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.

Data is accurate as of press time, but gas prices have been known to fluctuate on a daily, and even hourly, basis.

Lowest Reported Regular Gas Prices in Cities Associated With Franklin County in Week Ending Feb. 7

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



Related

Harry K. Sideris President and Chief Executive Officer

Duke Energy Florida lineworkers advance to International Lineman’s Rodeo after state competition

Duke Energy Florida lineworkers have qualified for the International Lineman’s Rodeo after excelling at a statewide competition held this weekend. The event aims to sharpen essential skills needed for safe power restoration while promoting teamwork among participants.

Harry K. Sideris, President and Chief Executive Officer

Duke Energy reaches settlement on proposed combination of Carolinas utilities

Duke Energy has reached settlements with key stakeholders on its plan to combine its Carolinas utilities. The agreement promises substantial cost savings for customers if approved by state regulators.

Harry K. Sideris, President and Chief Executive Officer

Duke Energy reaches agreement with South Carolina groups on proposed utility combination

Duke Energy has reached a settlement with South Carolina groups on its plan to combine two major utilities. The agreement guarantees significant customer savings if approved by state regulators. Billions in projected cost reductions could benefit customers across both North and South Carolina.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from North Wake News.