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Average gasoline prices in North Carolina have fallen 9.7 cents per gallon in the last week, averaging $3.29 per gallon Monday, May 8, 2023, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 14.5 cents per gallon lower than a month ago and stand 81.0 cents per gallon lower than a year ago. The national average price of diesel has fallen 6.3 cents in the last week and stands at $4.01 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.94 per gallon Sunday while the most expensive was $3.97 per gallon, a difference of $1.03 per gallon.

The national average price of gasoline has fallen 7.5 cents per gallon in the last week, averaging $3.50 per gallon Monday. The national average is down 7.5 cents per gallon from a month ago and stands 80.7 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:
May 8, 2022: $4.10 per gallon (U.S. average: $4.31 per gallon)
May 8, 2021: $2.70 per gallon (U.S. average: $2.96 per gallon)
May 8, 2020: $1.64 per gallon (U.S. average: $1.83 per gallon)
May 8, 2019: $2.68 per gallon (U.S. average: $2.88 per gallon)
May 8, 2018: $2.68 per gallon (U.S. average: $2.82 per gallon)
May 8, 2017: $2.22 per gallon (U.S. average: $2.33 per gallon)
May 8, 2016: $2.15 per gallon (U.S. average: $2.21 per gallon)
May 8, 2015: $2.49 per gallon (U.S. average: $2.66 per gallon)
May 8, 2014: $3.64 per gallon (U.S. average: $3.67 per gallon)
May 8, 2013: $3.42 per gallon (U.S. average: $3.54 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.19 per gallon, down 12.0 cents per gallon from last week’s $3.31 per gallon.
Charlotte – $3.27 per gallon, down 7.8 cents per gallon from last week’s $3.35 per gallon.
Greensboro – $3.31 per gallon, down 10.1 cents per gallon from last week’s $3.41 per gallon.

“For the third straight week, consumers have been greeted by falling gasoline prices across a majority of the country, thanks to oil prices holding near recent lows and the transition to summer gasoline being essentially complete. While there have been a few pockets of rising prices, those have been the needle in the haystack, with nearly every single state seeing gas prices fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “In addition to gasoline prices declining, the average price of a gallon of diesel will join gasoline in the days ahead, falling below $4 per gallon in the next 48 hours or so, a sign of how far we’ve come. Americans are spending hundreds of millions less on fuel every week compared to a year ago, and that’s a number that could rise further as prices are poised to continue trending lower this week.”

GasBuddy data is accessible at prices.GasBuddy.com.

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