Average North Carolina gas prices drop for fifth straight week
Published 6:54 am Monday, July 18, 2022
Getting your Trinity Audio player ready...
|
Average gasoline prices in North Carolina have fallen 14 cents per gallon in the last week, averaging $4.16 per gallon Monday, July 18, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 45 cents per gallon lower than a month ago and stand $1.28 per gallon higher than a year ago. The national average price of diesel has declined 10.8 cents in the last week and stands at $5.54 per gallon.
According to GasBuddy price reports, the cheapest station in North Carolina was priced at $3.60 per gallon Sunday, while the most expensive was $5.49 per gallon, a difference of $1.89 per gallon. The lowest price in the state yesterday was $3.60 per gallon while the highest was $5.49 per gallon, a difference of $1.89 per gallon.
The national average price of gasoline has fallen 15.8 cents per gallon in the last week, averaging $4.51 per gallon Monday. The national average is down 47.9 cents per gallon from a month ago and stands $1.35 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:
July 18, 2021: $2.88 per gallon (U.S. Average: $3.16 per gallon)
July 18, 2020: $1.97 per gallon (U.S. Average: $2.20 per gallon)
July 18, 2019: $2.58 per gallon (U.S. Average: $2.78 per gallon)
July 18, 2018: $2.67 per gallon (U.S. Average: $2.86 per gallon)
July 18, 2017: $2.11 per gallon (U.S. Average: $2.26 per gallon)
July 18, 2016: $2.06 per gallon (U.S. Average: $2.20 per gallon)
July 18, 2015: $2.58 per gallon (U.S. Average: $2.76 per gallon)
July 18, 2014: $3.50 per gallon (U.S. Average: $3.58 per gallon)
July 18, 2013: $3.54 per gallon (U.S. Average: $3.67 per gallon)
July 18, 2012: $3.29 per gallon (U.S. Average: $3.42 per gallon)
Selected areas around the state and their current gas prices:
Fayetteville – $3.99 per gallon, down 21.7 cents per gallon from last week’s $4.21 per gallon.
Charlotte – $4.20 per gallon, down 13.6 cents per gallon from last week’s $4.34 per gallon.
Greensboro – $4.15 per gallon, down 10.8 cents per gallon from last week’s $4.26 per gallon.
“We’ve seen the national average price of gasoline decline for a fifth straight week, with the pace of recent declines accelerating to some of the most significant we’ve seen in years. This trend is likely to reach a sixth straight week, with prices likely to fall again this week. Barring major hurricanes, outages or unexpected disruptions, I forecast the national average to fall to $3.99 per gallon by mid-August,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “So far, we’ve seen the national average drop for 34 straight days, with over 25,000 stations now back at $3.99 per gallon or less, and thousands more stations will join this week. In addition, we will see several states fall back under an average of $4, the majority being in the south, but that could spread to more states in the weeks ahead.”
GasBuddy data is accessible at http://prices.GasBuddy.com.