North Carolina gas prices see dip in past week

Published 7:16 am Monday, April 1, 2024

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Average gasoline prices in North Carolina have fallen 5.4 cents per gallon in the last week, averaging $3.24 per gallon Monday, April 1 2024, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 9.6 cents per gallon higher than a month ago and stand 12.4 cents per gallon lower than a year ago. The national average price of diesel has declined 2.9 cents in the last week and stands at $3.99 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.78 per gallon Sunday while the most expensive was $3.99 per gallon, a difference of $1.21 per gallon.

The national average price of gasoline is unchanged in the last week, averaging $3.51 per gallon Monday. The national average is up 16.1 cents per gallon from a month ago and stands 0.9 cents per gallon higher 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:
April 1, 2023: $3.36 per gallon (U.S. average: $3.50 per gallon)
April 1, 2022: $3.96 per gallon (U.S. average: $4.20 per gallon)
April 1, 2021: $2.60 per gallon (U.S. average: $2.87 per gallon)
April 1, 2020: $1.77 per gallon (U.S. average: $1.94 per gallon)
April 1, 2019: $2.54 per gallon (U.S. average: $2.69 per gallon)
April 1, 2018: $2.55 per gallon (U.S. average: $2.65 per gallon)
April 1, 2017: $2.20 per gallon (U.S. average: $2.33 per gallon)
April 1, 2016: $1.97 per gallon (U.S. average: $2.06 per gallon)
April 1, 2015: $2.28 per gallon (U.S. average: $2.41 per gallon)
April 1, 2014: $3.46 per gallon (U.S. average: $3.55 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3.14 per gallon, down 10.1 cents per gallon from last week’s $3.24 per gallon.
Charlotte – $3.24 per gallon, down 4.4 cents per gallon from last week’s $3.29 per gallon.
Greensboro – $3.24 per gallon, down 6.6 cents per gallon from last week’s $3.30 per gallon.

“No April Fools’ joke: the national average price of gasoline has finally slowed a bit after four weeks of notable increases, stalling in the mid-$3.50s for the last week or two, while the average for diesel fell back below $4 per gallon – not a bad week for motorists as rising demand would normally put solid upward pressure on prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, motorists have a bit of a reprieve from the constant big weekly price jumps. While we seem to be nearing a short-term peak, one word of caution for those in the Mid-Atlantic and Northeast: you haven’t yet finished the transition to summer gasoline, so you may experience some sticker shock in a few weeks. Be prepared for somewhat of a punch. For the rest of the nation, so long as we don’t see extenuating circumstances, we’re likely close to a top in prices. Let’s hope it pans out and sticks!”

GasBuddy data is accessible at prices.GasBuddy.com.

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