Weekly gas price update for North Carolina

Published 3:03 pm Monday, November 1, 2021

North Carolina gas prices are unchanged in the past week, averaging $3.23 per gallon Monday, November 1, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 23.9 cents per gallon higher than a month ago and stand $1.34 per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $2.97 per gallon Monday while the most expensive is $3.75 per gallon, a difference of 78.0 cents per gallon.

The national average price of gasoline has risen 0.6 cents per gallon in the last week, averaging $3.38 per gallon Monday. The national average is up 19.5 cents per gallon from a month ago and stands $1.26 per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back 10 years:
November 1, 2020: $1.90 per gallon (U.S. Average: $2.12 per gallon)
November 1, 2019: $2.40 per gallon (U.S. Average: $2.61 per gallon)
November 1, 2018: $2.63 per gallon (U.S. Average: $2.76 per gallon)
November 1, 2017: $2.32 per gallon (U.S. Average: $2.50 per gallon)
November 1, 2016: $2.17 per gallon (U.S. Average: $2.20 per gallon)
November 1, 2015: $2.06 per gallon (U.S. Average: $2.18 per gallon)
November 1, 2014: $2.90 per gallon (U.S. Average: $2.98 per gallon)
November 1, 2013: $3.25 per gallon (U.S. Average: $3.26 per gallon)
November 1, 2012: $3.42 per gallon (U.S. Average: $3.50 per gallon)
November 1, 2011: $3.40 per gallon (U.S. Average: $3.43 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.20 per gallon, down 3.8 cents per gallon from last week’s $3.24 per gallon.
Charlotte – $3.18 per gallon, up 1.5 cents per gallon from last week’s $3.16 per gallon.
Greensboro – $3.26 per gallon, up 0.9 cents per gallon from last week’s $3.25 per gallon.

“The jump in gas prices that started nearly a month ago is finally running out of steam for the time being, as oil prices have stabilized. Yet, some areas of California are still at or near all-time record highs for prices,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While California’s high prices will not become a nationwide norm, prices there will likely remain elevated due to refinery issues amidst the surge of rain and other refinery kinks. For most motorists, gas prices are likely to greatly slow their recent ascent, and we could even see some small declines in the week ahead. OPEC is planning to meet next week, and while it doesn’t seem likely there will be any boost in oil output, its meeting and comments could easily drive the market up or down. The odds remain high that gas prices will remain near today’s elevated levels going into the holidays, barring additional OPEC supply.”

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

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