Weekly gas price update for North Carolina

Published 10:28 am Monday, October 19, 2020

North Carolina gas prices have fallen 2.8 cents per gallon in the past week, averaging $1.97 per gallon Monday, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 1.5 cents per gallon lower than a month ago and stand 44.5 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $1.78 per gallon today while the most expensive is $3.09 per gallon, a difference of $1.31 per gallon.

The national average price of gasoline has fallen 2.9 cents per gallon in the last week, averaging $2.15 per gallon Monday. The national average is down 1.7 cents per gallon from a month ago and stands 50.0 cents per gallon lower than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
October 19, 2019: $2.41 per gallon (U.S. Average: $2.65 per gallon)
October 19, 2018: $2.71 per gallon (U.S. Average: $2.85 per gallon)
October 19, 2017: $2.33 per gallon (U.S. Average: $2.45 per gallon)
October 19, 2016: $2.21 per gallon (U.S. Average: $2.23 per gallon)
October 19, 2015: $2.11 per gallon (U.S. Average: $2.25 per gallon)
October 19, 2014: $3.05 per gallon (U.S. Average: $3.10 per gallon)
October 19, 2013: $3.30 per gallon (U.S. Average: $3.35 per gallon)
October 19, 2012: $3.65 per gallon (U.S. Average: $3.71 per gallon)
October 19, 2011: $3.44 per gallon (U.S. Average: $3.47 per gallon)
October 19, 2010: $2.76 per gallon (U.S. Average: $2.81 per gallon)

Selected areas across North Carolina and their current gas prices:
Fayetteville – $1.92 per gallon, down 3.2 cents per gallon from last week’s $1.95 per gallon.
Charlotte – $1.99 per gallon, down 2.3 cents per gallon from last week’s $2.02 per gallon.
Greensboro – $2.02 per gallon, down 4.3 cents per gallon from last week’s $2.06 per gallon.

“Gas prices have continued to remain subdued in large part due to the stalemate in Washington that’s holding back another round of stimulus for Americans, which could boost the economy and oil demand and help Americans get back to work,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Absent some resolve from lawmakers to boost the economy, we’re likely in store for another week of sideways price movements, keeping average gas prices near current levels for the fourth straight month. We may continue to see us stuck in this territory until there’s meaningful change in our COVID-19 outlook.”

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

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