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Weekly gas price update for North Carolina

North Carolina gas prices have risen 2.5 cents per gallon in the past week, averaging $1.93 per gallon Monday, August 17, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 5.8 cents per gallon lower than a month ago and stand 49.4 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $1.71 per gallon today while the most expensive is $3.09 per gallon, a difference of $1.38 per gallon.

The national average price of gasoline has fallen 1.2 cents per gallon in the last week, averaging $2.16 per gallon Monday. The national average is down 3.9 cents per gallon from a month ago and stands 45.2 cents per gallon lower than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
August 17, 2019: $2.42 per gallon (U.S. Average: $2.61 per gallon)
August 17, 2018: $2.67 per gallon (U.S. Average: $2.84 per gallon)
August 17, 2017: $2.20 per gallon (U.S. Average: $2.33 per gallon)
August 17, 2016: $1.99 per gallon (U.S. Average: $2.13 per gallon)
August 17, 2015: $2.37 per gallon (U.S. Average: $2.68 per gallon)
August 17, 2014: $3.36 per gallon (U.S. Average: $3.45 per gallon)
August 17, 2013: $3.44 per gallon (U.S. Average: $3.53 per gallon)
August 17, 2012: $3.66 per gallon (U.S. Average: $3.72 per gallon)
August 17, 2011: $3.60 per gallon (U.S. Average: $3.58 per gallon)
August 17, 2010: $2.65 per gallon (U.S. Average: $2.72 per gallon)

Other areas around the state and their current gas prices:
Fayetteville – $1.94 per gallon, up 1.4 cents per gallon from last week’s $1.93 per gallon.
Charlotte – $1.97 per gallon, down 2.5 cents per gallon from last week’s $2.00 per gallon.
Greensboro – $1.95 per gallon, up 5.0 cents per gallon from last week’s $1.90 per gallon.

“For the seventh straight week and now some 53 days, the national average price of gasoline has stayed in a range of less than a nickel, an incredible feat for the summer driving season, and a level of summer stability we haven’t seen in decades,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “However, with new data from the Pay with GasBuddy payments card showing weekly demand last week rose to a fresh coronavirus high, we may see some upside in oil prices propelled by the good news that demand is solidly moving higher again. Should demand continue to rebound, it’s only natural that with less oil on global markets, prices are likely to drift to the upside if the situation continues to improve. ”

GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.

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