Getting your Trinity Audio player ready...

Average gasoline prices in North Carolina have fallen 7.4 cents per gallon in the last week, averaging $3.30 per gallon Monday, November 21, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 13.6 cents per gallon lower than a month ago and stand 12.3 cents per gallon higher than a year ago. The national average price of diesel has declined 6.7 cents in the last week and stands at $5.28 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.95 per gallon Sunday, while the most expensive was $4.69 per gallon, a difference of $1.74 per gallon.

The national average price of gasoline has fallen 11.9 cents per gallon in the last week, averaging $3.64 per gallon Monday. The national average is down 16.4 cents per gallon from a month ago and stands 24.5 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.

Historical gasoline prices in North Carolina and the national average going back 10 years:
November 21, 2021: $3.18 per gallon (U.S. average: $3.39 per gallon)
November 21, 2020: $1.91 per gallon (U.S. average: $2.11 per gallon)
November 21, 2019: $2.35 per gallon (U.S. average: $2.60 per gallon)
November 21, 2018: $2.47 per gallon (U.S. average: $2.58 per gallon)
November 21, 2017: $2.37 per gallon (U.S. average: $2.52 per gallon)
November 21, 2016: $2.08 per gallon (U.S. average: $2.13 per gallon)
November 21, 2015: $2.05 per gallon (U.S. average: $2.08 per gallon)
November 21, 2014: $2.77 per gallon (U.S. average: $2.83 per gallon)
November 21, 2013: $3.23 per gallon (U.S. average: $3.21 per gallon)
November 21, 2012: $3.31 per gallon (U.S. average: $3.42 per gallon)

Selected areas around the state their current gas prices:
Fayetteville – $3.19 per gallon, down 12.3 cents per gallon from last week’s $3.31 per gallon.
Charlotte – $3.30 per gallon, down 7.7 cents per gallon from last week’s $3.38 per gallon.
Greensboro – $3.29 per gallon, down 7.3 cents per gallon from last week’s $3.36 per gallon.

“What an incredible turnaround in the last week. While a decline was expected in more states than last week, I didn’t expect every single state to hop on the bandwagon so quickly. But, it’s terrific news as motorists prepare for Thanksgiving travel, with tens of thousands of stations under $3 per gallon, and thousands more to join in the next few weeks, barring a dramatic turnaround,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Everyone will be seeing relief at the pump this week, with even more substantial declines on the way as oil prices plummeted last week to briefly trade under $80 per barrel. It’s not impossible that if oil markets hold here, we could see a national average of $2.99 around Christmas, certainly the gift that every motorist is hoping for. Drivers shouldn’t be in a rush to fill up as prices will come down nearly coast-to-coast into the heavily traveled Thanksgiving holiday.”

GasBuddy data is accessible at prices.GasBuddy.com.

READ ABOUT MORE NEWS HERE.

SUBSCRIBE TO THE COASTLAND TIMES TODAY!