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Weekly gas price update for North Carolina

North Carolina gas prices have fallen 4.8 cents per gallon in the past week, averaging $2.06 per gallon Tuesday, September 8, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 15.0 cents per gallon higher than a month ago and stand 28.4 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $1.83 per gallon Tuesday while the most expensive is $3.09 per gallon, a difference of $1.26 per gallon.

The national average price of gasoline has fallen 2.8 cents per gallon in the last week, averaging $2.21 per gallon Tuesday.  The national average is up 3.7 cents per gallon from a month ago and stands 34.2 cents per gallon lower than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
September 8, 2019: $2.34 per gallon (U.S. Average: $2.55 per gallon)
September 8, 2018: $2.64 per gallon (U.S. Average: $2.85 per gallon)
September 8, 2017: $2.64 per gallon (U.S. Average: $2.67 per gallon)
September 8, 2016: $2.06 per gallon (U.S. Average: $2.18 per gallon)
September 8, 2015: $2.17 per gallon (U.S. Average: $2.39 per gallon)
September 8, 2014: $3.33 per gallon (U.S. Average: $3.43 per gallon)
September 8, 2013: $3.49 per gallon (U.S. Average: $3.56 per gallon)
September 8, 2012: $3.81 per gallon (U.S. Average: $3.82 per gallon)
September 8, 2011: $3.60 per gallon (U.S. Average: $3.65 per gallon)
September 8, 2010: $2.58 per gallon (U.S. Average: $2.66 per gallon)

Select areas around the state and their current gas prices:
Fayetteville – $2.04 per gallon, down 5.0 cents per gallon from last week’s $2.09 per gallon.
Charlotte – $2.07 per gallon, down 3.1 cents per gallon from last week’s $2.10 per gallon.
Greensboro – $2.08 per gallon, down 4.1 cents per gallon from last week’s $2.13 per gallon.

“Gas prices have started to fall as expected as oil prices have fallen slightly since Hurricane Laura moved on and as seasonal challenges come to into view,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “We’ll likely see additional downward movement in the weeks ahead with gasoline demand set to decline as we move into the fall months and as COVID-19 restrictions keep demand from rallying. It’s entirely possible we could see the national average fall under $2 per gallon by the end of the year without a major improvement in the situation.”

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

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