Gas prices on the rise in North Carolina
Published 8:38 am Wednesday, April 5, 2023
Getting your Trinity Audio player ready...
|
Average gasoline prices in North Carolina have risen 5.3 cents per gallon in the last week, averaging $3.36 per gallon Tuesday, April 4, 2023, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 23.4 cents per gallon higher than a month ago and stand 65.1 cents per gallon lower than a year ago. The national average price of diesel has fallen 3.7 cents in the last week and stands at $4.16 per gallon.
According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.96 per gallon Monday while the most expensive was $3.99 per gallon, a difference of $1.03 per gallon.
The national average price of gasoline has risen 8.7 cents per gallon in the last week, averaging $3.49 per gallon Tuesday. The national average is up 11.3 cents per gallon from a month ago and stands 68.9 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 10 years:
April 3, 2022: $4.01 per gallon (U.S. average: $4.17 per gallon)
April 3, 2021: $2.60 per gallon (U.S. average: $2.87 per gallon)
April 3, 2020: $1.73 per gallon (U.S. average: $1.91 per gallon)
April 3, 2019: $2.60 per gallon (U.S. average: $2.72 per gallon)
April 3, 2018: $2.56 per gallon (U.S. average: $2.66 per gallon)
April 3, 2017: $2.22 per gallon (U.S. average: $2.33 per gallon)
April 3, 2016: $1.96 per gallon (U.S. average: $2.06 per gallon)
April 3, 2015: $2.28 per gallon (U.S. average: $2.40 per gallon)
April 3, 2014: $3.49 per gallon (U.S. average: $3.56 per gallon)
April 3, 2013: $3.61 per gallon (U.S. average: $3.64 per gallon)
Selected areas around the state and their current gas prices:
Fayetteville – $3.35 per gallon, up 5.8 cents per gallon from last week’s $3.30 per gallon.
Charlotte – $3.32 per gallon, unchanged from last week’s $3.32 per gallon.
Greensboro – $3.38 per gallon, up 5.6 cents per gallon from last week’s $3.32 per gallon.
“With oil prices continuing their climb last week, gasoline prices were pushed higher across much of the country. But, the real headline happened this weekend when OPEC+ members unexpectedly decided to cut over a million barrels per day of oil production, sending oil prices back over $80 per barrel. More significant jumps at the pump are likely coming down the pipeline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While demand has been somewhat soft this spring, the move to cut oil production ahead of the busiest months for consumption certainly sends a message that OPEC+ countries are aligned in their desire for consumers to pay more. While the initial impact to consumers could be 10 to 20 cents at the pump, there could be further developments in the days or weeks ahead that enhance the impact, especially as motorists prepare for the summer driving season.”
GasBuddy data is accessible at prices.GasBuddy.com.
SUBSCRIBE TO THE COASTLAND TIMES TODAY!