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Weekly gas price update for North Carolina

North Carolina gas prices have fallen 0.7 cents per gallon in the past week, averaging $2.88 per gallon Monday, July 19, 2021, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 2.9 cents per gallon higher than a month ago and stand 91.5 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $2.68 per gallon today while the most expensive is $3.19 per gallon, a difference of 51.0 cents per gallon.

The national average price of gasoline has risen 1.3 cents per gallon in the last week, averaging $3.16 per gallon today. The national average is up 10.2 cents per gallon from a month ago and stands 98.0 cents per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
July 19, 2020: $1.97 per gallon (U.S. Average: $2.18 per gallon)
July 19, 2019: $2.57 per gallon (U.S. Average: $2.77 per gallon)
July 19, 2018: $2.67 per gallon (U.S. Average: $2.85 per gallon)
July 19, 2017: $2.12 per gallon (U.S. Average: $2.27 per gallon)
July 19, 2016: $2.06 per gallon (U.S. Average: $2.19 per gallon)
July 19, 2015: $2.58 per gallon (U.S. Average: $2.76 per gallon)
July 19, 2014: $3.49 per gallon (U.S. Average: $3.58 per gallon)
July 19, 2013: $3.55 per gallon (U.S. Average: $3.67 per gallon)
July 19, 2012: $3.31 per gallon (U.S. Average: $3.43 per gallon)
July 19, 2011: $3.65 per gallon (U.S. Average: $3.67 per gallon)

Selected areas across the state and their current gas prices:
Fayetteville – $2.87 per gallon, unchanged  from last week’s $2.86 per gallon.
Charlotte – $2.89 per gallon, unchanged  from last week’s $2.89 per gallon.
Greensboro – $2.87 per gallon, down 2.5 cents per gallon from last week’s $2.89 per gallon.

“Gas prices across the country have been a bit sideways in the last week with a mixed bag of decreases and increases, but overall, the national average hasn’t seen much meaningful direction as oil prices remain under their early-July levels thus far thanks to OPEC coming to an agreement on production over the weekend,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “OPEC’s plan is to raise oil production by 400,000 bpd each month until 2022, at which time OPEC’s oil production will be back at pre-Covid levels. It’s a positive development in light of U.S. gasoline demand which last week rose nearly 2%, which should act as a loose ceiling on the price of oil, and could mean we’re even closer to seeing a peak in the national average if we haven’t already.”

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

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