Weekly gas price update for North Carolina

Published 7:07 am Monday, January 10, 2022

Average gasoline prices in North Carolina have fallen 1 cent per gallon in the last week, averaging $3.04 per gallon Monday, January 10, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 7 cents per gallon lower than a month ago and stand 86 cents 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 Sunday while the most expensive was $3.49 per gallon, a difference of 76 cents per gallon.

The national average price of gasoline has risen 2.3 cents per gallon in the last week, averaging $3.29 per gallon Monday. The national average is down 5.5 cents per gallon from a month ago and stands 97.5 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

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Historical gasoline prices in North Carolina and the national average going back 10 years:
January 10, 2021: $2.18 per gallon (U.S. Average: $2.31 per gallon)
January 10, 2020: $2.44 per gallon (U.S. Average: $2.59 per gallon)
January 10, 2019: $2.08 per gallon (U.S. Average: $2.25 per gallon)
January 10, 2018: $2.37 per gallon (U.S. Average: $2.51 per gallon)
January 10, 2017: $2.27 per gallon (U.S. Average: $2.36 per gallon)
January 10, 2016: $1.90 per gallon (U.S. Average: $1.97 per gallon)
January 10, 2015: $2.22 per gallon (U.S. Average: $2.14 per gallon)
January 10, 2014: $3.29 per gallon (U.S. Average: $3.30 per gallon)
January 10, 2013: $3.38 per gallon (U.S. Average: $3.31 per gallon)
January 10, 2012: $3.41 per gallon (U.S. Average: $3.37 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.00 per gallon, down 0.9 cents per gallon from last week’s $3.01 per gallon.
Charlotte – $3.06 per gallon, unchanged  from last week’s $3.06 per gallon.
Greensboro – $3.04 per gallon, down 0.6 cents per gallon from last week’s $3.05 per gallon.

“Oil prices have remained stubbornly strong, touching nearly $80 per barrel last week, pushing gasoline prices higher even as U.S. gasoline demand starts to struggle. Some of this is typical seasonal weakness, but the lack of demand is likely enhanced by omicron cases surging and Americans who are just a bit more hesitant to get out right now,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “In addition, unrest in Kazakhstan, the 18th largest oil producer, is likely leading to impacts on oil production, while continued unrest in Libya also worries markets and overpowers the seasonal drop in gasoline demand. Without improvement or stability in oil producing countries, we’re likely to continue to see upward pressure on oil prices.”

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

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