North Carolina gas prices see decrease, still averaging over $4 per gallon

Published 7:52 am Monday, March 28, 2022

Average gasoline prices in North Carolina have decreased 5.6 cents per gallon in the last week, averaging $4.02 per gallon Monday, March 28, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 47.7 cents per gallon higher than a month ago and stand $1.41 per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.99 per gallon Sunday while the most expensive was $5.49 per gallon, a difference of $2.50 per gallon.

The national average price of gasoline is unchanged in the last week, averaging $4.23 per gallon Monday. The national average is up 62.4 cents per gallon from a month ago and stands $1.38 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:
March 28, 2021: $2.61 per gallon (U.S. Average: $2.84 per gallon)
March 28, 2020: $1.80 per gallon (U.S. Average: $1.98 per gallon)
March 28, 2019: $2.50 per gallon (U.S. Average: $2.70 per gallon)
March 28, 2018: $2.54 per gallon (U.S. Average: $2.64 per gallon)
March 28, 2017: $2.18 per gallon (U.S. Average: $2.29 per gallon)
March 28, 2016: $1.97 per gallon (U.S. Average: $2.04 per gallon)
March 28, 2015: $2.29 per gallon (U.S. Average: $2.43 per gallon)
March 28, 2014: $3.43 per gallon (U.S. Average: $3.53 per gallon)
March 28, 2013: $3.62 per gallon (U.S. Average: $3.64 per gallon)
March 28, 2012: $3.86 per gallon (U.S. Average: $3.92 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.92 per gallon, down 7.0 cents per gallon from last week’s $3.99 per gallon.
Charlotte – $4.08 per gallon, down 1.8 cents per gallon from last week’s $4.09 per gallon.
Greensboro – $3.98 per gallon, down 8.9 cents per gallon from last week’s $4.06 per gallon.

“The decline we’ve seen in average gas prices has been slowing down, as oil prices have held above $100 after declining under that level as recently as a few weeks ago. For the near future, we’ll see a mix of slight decreases and some potential increases mixed in. California markets should finally cool off and areas could even move lower in Southern California, while the Great Lakes could see gas prices jump up after having fallen for the last week or so,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the national average should start to stabilize for the time being, there’s no telling what’s around the corner, at least for now, as the volatility in oil prices persists.”

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

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