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North Carolina weekly gas price update

North Carolina gas prices have risen 1 cent per gallon in the past week, averaging $2.61 per gallon Monday, April 12, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 3.6 cents per gallon lower than a month ago and stand 94.2 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.31 per gallon Monday while the most expensive is $3.09 per gallon, a difference of 78.0 cents per gallon.

The national average price of gasoline has fallen 2.1 cents per gallon in the last week, averaging $2.85 per gallon Monday. The national average is down 0.5 cents per gallon from a month ago and stands $1.02 per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
April 12, 2020: $1.67 per gallon (U.S. Average: $1.83 per gallon)
April 12, 2019: $2.67 per gallon (U.S. Average: $2.83 per gallon)
April 12, 2018: $2.59 per gallon (U.S. Average: $2.70 per gallon)
April 12, 2017: $2.30 per gallon (U.S. Average: $2.41 per gallon)
April 12, 2016: $1.95 per gallon (U.S. Average: $2.06 per gallon)
April 12, 2015: $2.25 per gallon (U.S. Average: $2.39 per gallon)
April 12, 2014: $3.57 per gallon (U.S. Average: $3.63 per gallon)
April 12, 2013: $3.52 per gallon (U.S. Average: $3.55 per gallon)
April 12, 2012: $3.89 per gallon (U.S. Average: $3.90 per gallon)
April 12, 2011: $3.72 per gallon (U.S. Average: $3.79 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.64 per gallon, up 5.8 cents per gallon from last week’s $2.58 per gallon.
Charlotte – $2.63 per gallon, down 1.5 cents per gallon from last week’s $2.64 per gallon.
Greensboro – $2.53 per gallon, up 0.7 cents per gallon from last week’s $2.52 per gallon.

“It has been a fairly tame last few weeks at the pump for most areas after a particularly active February and March when prices were screaming higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “After surging back then, we’ve seen the price increases fade, and while we haven’t seen much of a decline, prices have been holding near their yearly highs. For now, it feels like the risk of seeing the national average climb to $3/gal has been delayed by a recent surge in COVID-19 cases both here and abroad, limiting the upside to gasoline demand, but should things begin to improve, especially as we get closer to the start of the summer, we still have potential to see summer gas prices at their highest levels in years. Make no mistake, gas prices this year will be tied to the hip of the Covid situation.”

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

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Weekly gas price update for North Carolina