North Carolina gas prices rise for third week in a row

Published 7:37 am Monday, October 18, 2021

North Carolina gas prices have risen 4.0 cents per gallon in the past week, averaging $3.09 per gallon Monday, October 18, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 13.0 cents per gallon higher than a month ago and stand $1.12 per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $2.77 per gallon Monday while the most expensive is $3.39 per gallon, a difference of 62.0 cents per gallon.

The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $3.30 per gallon Monday. The national average is up 11.1 cents per gallon from a month ago and stands $1.15 per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
October 18, 2020: $1.97 per gallon (U.S. Average: $2.15 per gallon)
October 18, 2019: $2.42 per gallon (U.S. Average: $2.66 per gallon)
October 18, 2018: $2.72 per gallon (U.S. Average: $2.86 per gallon)
October 18, 2017: $2.34 per gallon (U.S. Average: $2.44 per gallon)
October 18, 2016: $2.21 per gallon (U.S. Average: $2.23 per gallon)
October 18, 2015: $2.12 per gallon (U.S. Average: $2.26 per gallon)
October 18, 2014: $3.06 per gallon (U.S. Average: $3.11 per gallon)
October 18, 2013: $3.30 per gallon (U.S. Average: $3.35 per gallon)
October 18, 2012: $3.66 per gallon (U.S. Average: $3.73 per gallon)
October 18, 2011: $3.44 per gallon (U.S. Average: $3.46 per gallon)

Current gas prices for selected areas around the state:
Fayetteville – $3.07 per gallon, up 2.0 cents per gallon from last week’s $3.05 per gallon.
Charlotte – $3.08 per gallon, up 8.8 cents per gallon from last week’s $2.99 per gallon.
Greensboro – $3.09 per gallon, up 1.8 cents per gallon from last week’s $3.07 per gallon.

“The national average closed the week by climbing to yet another fresh seven year high, as the price of oil continues to drag gas prices along for the wild ride, leaving motorists on empty,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “With OPEC holding back oil production and strong global oil demand, the situation will no doubt pave the road with even higher gas prices in the weeks ahead. Until several bottlenecks ease, including supply chains and low global inventories of oil, natural gas and coal, we’ll be stuck feeling the pinch of rising oil and gasoline prices. The bad news is that for now, all I see is the upward trend at the pump continuing into the weeks ahead with no sign of relief just yet.”

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

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