Slight decrease noted in average North Carolina gas prices, national average sees rise

Published 7:11 am Monday, April 25, 2022

Average gasoline prices in North Carolina have fallen 0.7 cents per gallon in the last week, averaging $3.80 per gallon Monday, April 25, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 22.6 cents per gallon lower than a month ago and stand $1.21 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 has risen 4.4 cents per gallon in the last week, averaging $4.11 per gallon today. The national average is down 13.3 cents per gallon from a month ago and stands $1.24 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:
April 25, 2021: $2.60 per gallon (U.S. Average: $2.87 per gallon)
April 25, 2020: $1.60 per gallon (U.S. Average: $1.74 per gallon)
April 25, 2019: $2.74 per gallon (U.S. Average: $2.88 per gallon)
April 25, 2018: $2.69 per gallon (U.S. Average: $2.79 per gallon)
April 25, 2017: $2.28 per gallon (U.S. Average: $2.40 per gallon)
April 25, 2016: $2.05 per gallon (U.S. Average: $2.14 per gallon)
April 25, 2015: $2.39 per gallon (U.S. Average: $2.52 per gallon)
April 25, 2014: $3.64 per gallon (U.S. Average: $3.70 per gallon)
April 25, 2013: $3.44 per gallon (U.S. Average: $3.51 per gallon)
April 25, 2012: $3.82 per gallon (U.S. Average: $3.83 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.75 per gallon, up 0.4 cents per gallon from last week’s $3.75 per gallon.
Charlotte – $3.86 per gallon, up 2.2 cents per gallon from last week’s $3.84 per gallon.
Greensboro – $3.75 per gallon, down 2.9 cents per gallon from last week’s $3.78 per gallon.

“For the first time in over a month, the national average price of gasoline has risen. Primarily, this was due to oil prices that had jumped the prior week, pushing up the price that stations pay for fuel and thus causing them to raise prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The rise has been quite tame in most areas, while others have continued to gently decline. But, with the French election now behind us, there is risk that the EU could pursue harsher sanctions on Russia’s energy, which could cause oil prices to rise if it happens – something motorists should be on the watch for. In addition, U.S. oil inventories continue to decline, putting additional pressure on prices as the nation’s SPR continues to drain and Russia’s war on Ukraine remains ongoing. The global imbalance between supply and demand that led to these higher prices continues for the time being.”

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

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