Weekly North Carolina gas price update

Published 12:26 pm Monday, August 7, 2023

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Average gasoline prices in North Carolina have risen 8.9 cents per gallon in the last week, averaging $3.61 per gallon Monday, August 7, 2023, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 37.8 cents per gallon higher than a month ago and stand 12.0 cents per gallon lower than a year ago. The national average price of diesel has risen 14.9 cents in the last week and stands at $4.143 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.97 per gallon Sunday while the most expensive was $4.19 per gallon, a difference of $1.22 per gallon.

The national average price of gasoline has risen 7.8 cents per gallon in the last week, averaging $3.79 per gallon Monday. The national average is up 28.1 cents per gallon from a month ago and stands 22.0 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:
August 7, 2022: $3.73 per gallon (U.S. average: $4.01/ per gallon)
August 7, 2021: $2.91 per gallon (U.S. average: $3.19 per gallon)
August 7, 2020: $1.91 per gallon (U.S. average: $2.18 per gallon)
August 7, 2019: $2.51 per gallon (U.S. average: $2.68 per gallon)
August 7, 2018: $2.69 per gallon (U.S. average: $2.86 per gallon)
August 7, 2017: $2.19 per gallon (U.S. average: $2.35 per gallon)
August 7, 2016: $1.98 per gallon (U.S. average: $2.12 per gallon)
August 7, 2015: $2.43 per gallon (U.S. average: $2.62 per gallon)
August 7, 2014: $3.40 per gallon (U.S. average: $3.47 per gallon)
August 7, 2013: $3.48 per gallon (U.S. average: $3.59 per gallon)

Selected areas across the state and their current gas prices:
Fayetteville – $3.57 per gallon, up 10.0 cents per gallon from last week’s $3.47 per gallon.
Charlotte – $3.67 per gallon, up 6.3 cents per gallon from last week’s $3.60 per gallon.
Greensboro – $3.60 per gallon up 8.6 cents per gallon from last week’s $3.51 per gallon.

“Average gasoline prices continued to move up last week thanks to a continued rise in oil and continued pressure from hot weather that impacted refineries. However, the pace of increases has started to slow down over the last few days, and for now, appears to have hit a peak over the weekend and is beginning to gently fall,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The price of diesel, however, continues to rise at a fairly strong pace, with average prices up nearly 15 cents per gallon from a week ago. Diesel will likely continue to see upward momentum while gasoline price increases should become more limited. But, with oil remaining under pressure from Saudi Arabia extending its 1 million barrel per day production cut into September, the respite from gasoline rising may not last long. Plus, there remain unknowns about hurricane season that will likely become more active in the weeks ahead.”

GasBuddy data is accessible at prices.GasBuddy.com.

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