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Weekly gas price update for North Carolina reported

North Carolina gas prices have fallen 0.4 cents per gallon in the past week, averaging $1.96 per gallon Monday, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 1.1 cents per gallon higher than a month ago and stand 36.9 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 Monday while the most expensive is $3.09 per gallon, a difference of $1.38 per gallon.

The national average price of gasoline has fallen 0.7 cents per gallon in the last week, averaging $2.14 per gallon Monday. The national average is up 1.4 cents per gallon from a month ago and stands 41.4 cents per gallon lower than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
December 14, 2019: $2.33 per gallon (U.S. Average: $2.56 per gallon)
December 14, 2018: $2.25 per gallon (U.S. Average: $2.38 per gallon)
December 14, 2017: $2.32 per gallon (U.S. Average: $2.44 per gallon)
December 14, 2016: $2.17 per gallon (U.S. Average: $2.22 per gallon)
December 14, 2015: $1.97 per gallon (U.S. Average: $2.01 per gallon)
December 14, 2014: $2.55 per gallon (U.S. Average: $2.54 per gallon)
December 14, 2013: $3.24 per gallon (U.S. Average: $3.23 per gallon)
December 14, 2012: $3.25 per gallon (U.S. Average: $3.28 per gallon)
December 14, 2011: $3.26 per gallon (U.S. Average: $3.26 per gallon)
December 14, 2010: $2.93 per gallon (U.S. Average: $2.96 per gallon)

Selected areas around North Carolina and their current gas prices:
Fayetteville – $1.97 per gallon, up 2.4 cents per gallon from last week’s $1.95 per gallon.
Charlotte – $2 per gallon, up 3.2 cents per gallon from last week’s $1.97 per gallon.
Greensboro – $1.95 per gallon, down 0.9 cents per gallon from last week’s $1.96 per gallon.

“After gas prices spiked last week in their biggest weekly rise since August, we’ve seen them cool back down for the time being. With COVID-19 cases continuing to rise and restrictions weighing on gasoline demand, we’re likely to see optimism over vaccinations offset by lower current demand for the most part,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In the weeks ahead as that balance shifts and millions get the vaccination, if things look much improved, I would expect for a longer upward move in gas prices. For now, however, the holidays will be marked by the lowest seasonal prices in years.”

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

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