Getting your Trinity Audio player ready...

Average gasoline prices in North Carolina have fallen 4.2 cents per gallon in the last week, averaging $2.88 per gallon Monday, December 26, 2022, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 35.0 cents per gallon lower than a month ago and stand 16.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 8.6 cents in the last week and stands at $4.68 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.38 per gallon Sunday while the most expensive was $4.69 per gallon, a difference of $2.31 per gallon.

The national average price of gasoline has fallen 4.9 cents per gallon in the last week, averaging $3.05 per gallon Monday. The national average is down 50.2 cents per gallon from a month ago and stands 20.3 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.

Historical gasoline prices in North Carolina and the national average going back ten years:
December 26, 2021: $3.04 per gallon (U.S. average: $3.25 per gallon)
December 26, 2020: $2.04 per gallon (U.S. average: $2.25 per gallon)
December 26, 2019: $2.41 per gallon (U.S. average: $2.54 per gallon)
December 26, 2018: $2.17 per gallon (U.S. average: $2.30 per gallon)
December 26, 2017: $2.31 per gallon (U.S. average: $2.44 per gallon)
December 26, 2016: $2.21 per gallon (U.S. average: $2.28 per gallon)
December 26, 2015: $1.94 per gallon (U.S. average: $2.00 per gallon)
December 26, 2014: $2.36 per gallon (U.S. average: $2.30 per gallon)
December 26, 2013: $3.24 per gallon (U.S. average: $3.26 per gallon)
December 26, 2012: $3.25 per gallon (U.S. average: $3.23 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.78 per gallon, down 2.4 cents per gallon from last week’s $2.81 per gallon.
Charlotte – $2.89 per gallon, down 6.3 cents per gallon from last week’s $2.95 per gallon.
Greensboro – $2.86 per gallon, down 3.8 cents per gallon from last week’s $2.90 per gallon.

“While the national average declined for the seventh straight week, with oil prices rallying, it remains to be seen if we will manage another week of gasoline price declines. We’re still waiting for the national average to fall below $3 per gallon, something that is suddenly a bit less likely given the extreme cold weather, interrupting refining operations in the south, curbing gasoline production and potentially driving prices up slightly,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While some of the nation’s lowest priced gas stations will probably be forced to raise prices slightly, with some declines still happening in the West Coast, there remains a chance, albeit smaller one, that we could still see the national average fall below $3 per gallon. With the New Year on the doorstep, however, the biggest question motorists have remains what will happen in 2023 – a question GasBuddy’s annual Fuel Outlook will answer later this week.”

GasBuddy data is accessible at prices.GasBuddy.com.

READ ABOUT MORE NEWS HERE.

SUBSCRIBE TO THE COASTLAND TIMES TODAY!