Weekly gas price update for North Carolina
Published 6:02 am Wednesday, December 8, 2021
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North Carolina gas prices have fallen 4.1 cents per gallon in the past week, averaging $3.14 per gallon Monday, December 6, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 8.4 cents per gallon lower than a month ago and stand $1.18 per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.73 per gallon Monday while the most expensive was $3.79 per gallon, a difference of $1.06 per gallon.
The national average price of gasoline has fallen 5.3 cents per gallon in the last week, averaging $3.34 per gallon Monday. The national average is down 6.9 cents per gallon from a month ago and stands $1.19 per gallon higher than a year ago.
Historical gasoline prices in North Carolina and the national average going back 10 years:
December 6, 2020: $1.96 per gallon (U.S. Average: $2.16 per gallon)
December 6, 2019: $2.36 per gallon (U.S. Average: $2.59 per gallon)
December 6, 2018: $2.29 per gallon (U.S. Average: $2.43 per gallon)
December 6, 2017: $2.35 per gallon (U.S. Average: $2.47 per gallon)
December 6, 2016: $2.16 per gallon (U.S. Average: $2.19 per gallon)
December 6, 2015: $1.99 per gallon (U.S. Average: $2.03 per gallon)
December 6, 2014: $2.64 per gallon (U.S. Average: $2.68 per gallon)
December 6, 2013: $3.28 per gallon (U.S. Average: $3.25 per gallon)
December 6, 2012: $3.31 per gallon (U.S. Average: $3.37 per gallon)
December 6, 2011: $3.27 per gallon (U.S. Average: $3.27 per gallon)
Select areas around the state and their current gas prices:
Fayetteville – $3.04 per gallon, down 6.1 cents per gallon from last week’s $3.10 per gallon.
Charlotte – $3.12 per gallon, down 2.8 cents per gallon from last week’s $3.15 per gallon.
Greensboro – $3.14 per gallon, down 3.4 cents per gallon from last week’s $3.18 per gallon.
“The downturn in average gas prices continued to gain momentum last week as oil prices remained at a hefty discount. This is largely due to continued anxiety over the omicron variant and because some countries have begun issuing lockdowns, keeping motorists in some countries from consuming as much fuel,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “While the Great Lakes region, the fastest to see prices respond to market fluctuations, is seeing hefty monthly declines approaching 30 cents per gallon, much of the rest of the country is lagging behind. But, we will see precipitous declines in the next week or two as stations continue to sell through higher priced inventory before slowly lowering their prices. It’s not impossible given the conditions that price wars, where stations lower their price significantly, could emerge as stations now have considerable room to lower prices.”
GasBuddy data is accessible at http://prices.GasBuddy.com.