Weekly North Carolina gas price update

Published 7:45 am Monday, December 19, 2022

Average gasoline prices in North Carolina have fallen 9.9 cents per gallon in the last week, averaging $2.92 per gallon Monday, December 19, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 39.4 cents per gallon lower than a month ago and stand 15.7 cents per gallon lower than a year ago. The national average price of diesel has fallen 14.1 cents in the last week and stands at $4.77 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.39 per gallon Sunday while the most expensive was $4.69 per gallon, a difference of $2.30 per gallon.

The national average price of gasoline has fallen 11.9 cents per gallon in the last week, averaging $3.09 per gallon Monday. The national average is down 57.1 cents per gallon from a month ago and stands 20.0 cents per gallon lower 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:
December 19, 2021: $3.07 per gallon (U.S. average: $3.29 per gallon)
December 19, 2020: $2.04 per gallon (U.S. average: $2.22 per gallon)
December 19, 2019: $2.41 per gallon (U.S. average: $2.56 per gallon)
December 19, 2018: $2.22 per gallon (U.S. average: $2.37 per gallon)
December 19, 2017: $2.28 per gallon (U.S. average: $2.42 per gallon)
December 19, 2016: $2.19 per gallon (U.S. average: $2.25 per gallon)
December 19, 2015: $1.97 per gallon (U.S. average: $2.00 per gallon)
December 19, 2014: $2.47 per gallon (U.S. average: $2.44 per gallon)
December 19, 2013: $3.22 per gallon (U.S. average: $3.20 per gallon)
December 19, 2012: $3.21 per gallon (U.S. average: $3.22 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.81 per gallon, down 10.9 cents per gallon from last week’s $2.92 per gallon.
Charlotte – $2.95 per gallon, down 10.2 cents per gallon from last week’s $3.05 per gallon.
Greensboro – $2.90 per gallon, down 7.9 cents per gallon from last week’s $2.98 per gallon.

“The national average for a gallon of gasoline is down nearly $2 compared to six months ago, and heading into Christmas travel week, is at its lowest in a year and a half, saving Americans some $750 million every day,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the decline should take the national average under $3 per gallon in the next week or so, it is soon likely to fade as oil prices have held in the $70 per barrel range. But while the declines for gasoline may fade, diesel prices still have considerable ground to cover, and could fall another 50 cents or more in the weeks ahead. Fuel prices across the board have been plunging back into territory more Americans feel is normal, which could certainly boost economic sentiment going forward.”

GasBuddy data is accessible at prices.GasBuddy.com.

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