North Carolina gas prices down slightly leading up to Thanksgiving week

Published 10:41 pm Wednesday, November 17, 2021

North Carolina gas prices have fallen 2.3 cents per gallon in the past week, averaging $3.20 per gallon Monday, November 15, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 12.2 cents per gallon higher than a month ago and stand $1.26 per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.87 per gallon Monday while the most expensive is $3.61 per gallon, a difference of 74.0 cents per gallon.

The national average price of gasoline has fallen 2.6 cents per gallon in the last week, averaging $3.40 per gallon Monday. The national average is up 9.5 cents per gallon from a month ago and stands $1.28 per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
November 15, 2020: $1.94 per gallon (U.S. Average: $2.12 per gallon)
November 15, 2019: $2.37 per gallon (U.S. Average: $2.61 per gallon)
November 15, 2018: $2.54 per gallon (U.S. Average: $2.65 per gallon)
November 15, 2017: $2.39 per gallon (U.S. Average: $2.57 per gallon)
November 15, 2016: $2.12 per gallon (U.S. Average: $2.14 per gallon)
November 15, 2015: $2.10 per gallon (U.S. Average: $2.16 per gallon)
November 15, 2014: $2.82 per gallon (U.S. Average: $2.89 per gallon)
November 15, 2013: $3.18 per gallon (U.S. Average: $3.19 per gallon)
November 15, 2012: $3.30 per gallon (U.S. Average: $3.43 per gallon)
November 15, 2011: $3.39 per gallon (U.S. Average: $3.41 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.14 per gallon, down 4.8 cents per gallon from last week’s $3.19 per gallon.
Charlotte – $3.17 per gallon, down 0.7 cents per gallon from last week’s $3.17 per gallon.
Greensboro – $3.21 per gallon, down 2.5 cents per gallon from last week’s $3.24 per gallon.

“As of Sunday evening, the national average price of gasoline posted its first weekly decline in months. As the price of oil continues to struggle, Covid cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While it’s not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday. However, the damage may already be done. According to GasBuddy’s Thanksgiving Travel Survey . . . a significant portion of Americans say the high gas prices already led them to re-think their plans.”

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

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