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Average gasoline prices in North Carolina have fallen 2.1 cents per gallon in the last week, averaging $2.89 per gallon Monday, January 15, 2024, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 0.5 cents per gallon higher than a month ago and stand 24.8 cents per gallon lower than a year ago. The national average price of diesel has fallen 2.0 cents in the last week and stands at $3.89 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.59 per gallon Sunday while the most expensive was $4 per gallon, a difference of $1.41 per gallon.

The national average price of gasoline has risen 0.6 cents per gallon in the last week, averaging $3.04 per gallon Monday. The national average is down 1.4 cents per gallon from a month ago and stands 23.9 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:
January 15, 2023: $3.14 per gallon (U.S. average: $3.28 per gallon)
January 15, 2022: $3.09 per gallon (U.S. average: $3.30 per gallon)
January 15, 2021: $2.21 per gallon (U.S. average: $2.39 per gallon)
January 15, 2020: $2.40 per gallon (U.S. average: $2.56 per gallon)
January 15, 2019: $2.08 per gallon (U.S. average: $2.24 per gallon)
January 15, 2018: $2.40 per gallon (U.S. average: $2.53 per gallon)
January 15, 2017: $2.25 per gallon (U.S. average: $2.34 per gallon)
January 15, 2016: $1.87 per gallon (U.S. average: $1.92 per gallon)
January 15, 2015: $2.17 per gallon (U.S. average: $2.07 per gallon)
January 15, 2014: $3.30 per gallon (U.S. average: $3.30 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.89 per gallon, up 5.5 cents per gallon from last week’s $2.84 per gallon.
Charlotte – $2.88 per gallon, down 4.0 cents per gallon from last week’s $2.92 per gallon.
Greensboro – $2.90 per gallon, unchanged  from last week’s $2.90 per gallon.

“Last week was a bit of a mixed bag for gasoline prices, with prices increasing early on but falling again in recent days as the situation in the Red Sea continues to drive market volatility,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While last week saw the U.S. attacking Houthi militants engaged in attacks on vessels in the Red Sea, oil prices jumped, but then promptly fell as economic concerns with weak demand sapped the upward move after the U.S. and allies attacked Houthi rebels. Gasoline inventories also saw another large rise, putting some downward pressure on gas prices, and leaving an opportunity for the national average to potentially briefly fall below $3 per gallon. We’ll have to see if the stars finally align for such a move.”

GasBuddy data is accessible at prices.GasBuddy.com.

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