Weekly North Carolina gas price update

Published 11:37 am Monday, October 3, 2022

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Average gasoline prices in North Carolina have fallen 2.7 cents per gallon in the last week, averaging $3.28 per gallon Monday, October 3, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 19.7 cents per gallon lower than a month ago and stand 28.2 cents per gallon higher than a year ago. The national average price of diesel has declined 2.9 cents in the last week and stands at $4.86 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.93 per gallon Sunday while the most expensive was $4.59 per gallon, a difference of $1.66 per gallon.

The national average price of gasoline has risen 11.1 cents per gallon in the last week, averaging $3.78 per gallon Monday. The national average is up 0.4 cents per gallon from a month ago and stands 59.8 cents 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:
October 3, 2021: $3.00 per gallon (U.S. average: $3.18 per gallon)
October 3, 2020: $2.01 per gallon (U.S. average: $2.17 per gallon)
October 3, 2019: $2.40 per gallon (U.S. average: $2.67 per gallon)
October 3, 2018: $2.71 per gallon (U.S. average: $2.91 per gallon)
October 3, 2017: $2.48 per gallon (U.S. average: $2.52 per gallon)
October 3, 2016: $2.20 per gallon (U.S. average: $2.22 per gallon)
October 3, 2015: $2.14 per gallon (U.S. average: $2.29 per gallon)
October 3, 2014: $3.26 per gallon (U.S. average: $3.31 per gallon)
October 3, 2013: $3.29 per gallon (U.S. average: $3.36 per gallon)
October 3, 2012: $3.72 per gallon (U.S. average: $3.78 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.13 per gallon, down 1.3 cents per gallon from last week’s $3.15 per gallon.
Charlotte – $3.37 per gallon, up 3.5 cents per gallon from last week’s $3.34 per gallon.
Greensboro – $3.23 per gallon, down 4.3 cents per gallon from last week’s $3.28 per gallon.

“With gas prices continuing to surge on the West Coast and Great Lakes, the national average saw its second straight weekly rise. But at the same time, areas of the Northeast and Gulf Coast have continued to see declines as the the nation experiences sharp differences in trends between regions,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Some West Coast states saw prices rise 35 to 55 cents per gallon in the last week as refinery issues continued to impact gasoline supply, which fell to its lowest level in a decade in the region, causing prices to skyrocket. While I’m hopeful there will eventually be relief, prices could go a bit higher before cooling off. In addition, OPEC could decide to cut oil production by a million barrels as the global economy slows down, potentially creating a catalyst that could push gas prices up further.”

GasBuddy data is accessible at prices.GasBuddy.com.

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