North Carolina gas prices drop for second week, national price of diesel sees another bump

Published 7:31 am Monday, June 27, 2022

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Average gasoline prices in North Carolina have fallen 7.9 cents per gallon in the last week, averaging $4.52 per gallon Monday, June 27, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 17.9 cents per gallon higher than a month ago and stand $1.67 per gallon higher than a year ago. The price of diesel has risen 2.6 cents nationally in the past week and stands at $5.80 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $3.99 per gallon Sunday while the most expensive was $5.59 per gallon, a difference of $1.60 per gallon.

The national average price of gasoline has fallen 8.8 cents per gallon in the last week, averaging $4.88 per gallon Monday. The national average is up 28.3 cents per gallon from a month ago and stands $1.79 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:
June 27, 2021: $2.85 per gallon (U.S. Average: $3.09 per gallon)
June 27, 2020: $2.05 per gallon (U.S. Average: $2.17 per gallon)
June 27, 2019: $2.47 per gallon (U.S. Average: $2.71 per gallon)
June 27, 2018: $2.64 per gallon (U.S. Average: $2.85 per gallon)
June 27, 2017: $2.07 per gallon (U.S. Average: $2.24 per gallon)
June 27, 2016: $2.18 per gallon (U.S. Average: $2.30 per gallon)
June 27, 2015: $2.66 per gallon (U.S. Average: $2.78 per gallon)
June 27, 2014: $3.57 per gallon (U.S. Average: $3.68 per gallon)
June 27, 2013: $3.42 per gallon (U.S. Average: $3.52 per gallon)
June 27, 2012: $3.23 per gallon (U.S. Average: $3.37 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $4.45 per gallon, down 8.2 cents per gallon from last week’s $4.53 per gallon.
Charlotte – $4.53 per gallon, down 5.0 cents per gallon from last week’s $4.58 per gallon.
Greensboro – $4.48 per gallon, down 8.9 cents per gallon from last week’s $4.57 per gallon.

“With Independence Day a week away, gas prices have continued to fall for the second straight week as the price of oil has faltered, ushering in the drop we’re seeing. The good news is we could also see a third straight week of decline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While prices will be at their highest July 4th level ever, they’ll have fallen close to 20 cents since our peak in early June. Motorists should be wary that while the decline could continue for the week ahead, any sudden jolts to supply could quickly cause a turnaround, and risk remains that when the peak of hurricane season arrives, we could see a super spike at the pump.”

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

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