Weekly North Carolina gas price update: Downward trend continues

Published 7:40 am Monday, April 11, 2022

Average gasoline prices in North Carolina have fallen 9.0 cents per gallon in the last week, averaging $3.92 per gallon Monday, April 11, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 32.7 cents per gallon lower than a month ago and stand $1.31 per gallon higher than a year ago.

The national average price of gasoline has fallen 7.5 cents per gallon in the last week, averaging $4.10 per gallon Monday. The national average is down 23.3 cents per gallon from a month ago and stands $1.25 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.

Historical gasoline prices in North Carolina and the national average going back 10 years:
April 11, 2021: $2.61 per gallon (U.S. Average: $2.85 per gallon)
April 11, 2020: $1.67 per gallon (U.S. Average: $1.84 per gallon)
April 11, 2019: $2.66 per gallon (U.S. Average: $2.82 per gallon)
April 11, 2018: $2.56 per gallon (U.S. Average: $2.67 per gallon)
April 11, 2017: $2.28 per gallon (U.S. Average: $2.40 per gallon)
April 11, 2016: $1.94 per gallon (U.S. Average: $2.04 per gallon)
April 11, 2015: $2.26 per gallon (U.S. Average: $2.39 per gallon)
April 11, 2014: $3.56 per gallon (U.S. Average: $3.62 per gallon)
April 11, 2013: $3.54 per gallon (U.S. Average: $3.56 per gallon)
April 11, 2012: $3.90 per gallon (U.S. Average: $3.91 per gallon)

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Selected areas across the state and their current gas prices:
Fayetteville – $3.75 per gallon, down 10.3 cents per gallon from last week’s $3.86 per gallon.
Charlotte – $3.90 per gallon, down 10.8 cents per gallon from last week’s $4.00 per gallon.
Greensboro – $3.81 per gallon, down 9.9 cents per gallon from last week’s $3.91 per gallon.

“Gas prices have continued to move in the right direction – down – saving Americans approximately $100 million every day compared to when prices peaked about a month ago. And, more good news is on the horizon: the national average this week will likely fall back under the critical $4 per gallon mark,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It remains possible that gas prices may have hit their 2022 peak, barring the typical caveats like the Russia war on Ukraine, the economy, hurricane season and Covid don’t take drastic and unexpected turns. Diesel prices are also falling and likely to go back under the $5 per gallon average this week. The situation for now continues to show signs of improving, with the national average falling back into the $3 range as early as this week.”

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

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