North Carolina gas prices up again over past week

Published 7:43 am Monday, January 24, 2022

Average gasoline prices in North Carolina have risen 1.1 cents per gallon in the last week, averaging $3.10 per gallon Monday, January 24, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 4.4 cents per gallon higher than a month ago and stand 90.7 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.39 per gallon Sunday while the most expensive was $3.69 per gallon, a difference of $1.30 per gallon.

The national average price of gasoline has risen 1.8 cents per gallon in the last week, averaging $3.32 per gallon Monday. The national average is up 3.3 cents per gallon from a month ago and stands 92.0 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.

Get the latest headlines sent to you

Historical gasoline prices in North Carolina and the national average going back 10 years:
January 24, 2021: $2.19 per gallon (U.S. Average: $2.40 per gallon)
January 24, 2020: $2.34 per gallon (U.S. Average: $2.53 per gallon)
January 24, 2019: $2.17 per gallon (U.S. Average: $2.28 per gallon)
January 24, 2018: $2.45 per gallon (U.S. Average: $2.57 per gallon)
January 24, 2017: $2.20 per gallon (U.S. Average: $2.29 per gallon)
January 24, 2016: $1.81 per gallon (U.S. Average: $1.82 per gallon)
January 24, 2015: $2.08 per gallon (U.S. Average: $2.03 per gallon)
January 24, 2014: $3.29 per gallon (U.S. Average: $3.28 per gallon)
January 24, 2013: $3.36 per gallon (U.S. Average: $3.32 per gallon)
January 24, 2012: $3.45 per gallon (U.S. Average: $3.38 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.07 per gallon, up 1.3 cents per gallon from last week’s $3.06 per gallon.
Charlotte – $3.12 per gallon, up 3.7 cents per gallon from last week’s $3.09 per gallon.
Greensboro – $3.09 per gallon, unchanged  from last week’s $3.09 per gallon.

“With oil prices remaining elevated, average gas prices inched up in most states over the last week even as gasoline demand weakened, a testament to how concerned oil markets are with unrest in oil producing nations. With all eyes on the Russia/Ukraine situation, oil will likely remain north of $80 per barrel, with additional volatility. Prices could rise even more significantly if there is any further deterioration in the situation,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, I don’t expect any immediate fireworks at the pump, but the trend of rising gas prices will likely persist as worries continue to overpower weak global consumption.”

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

READ ABOUT MORE NEWS HERE.