Going down: Weekly gas price update for North Carolina
Published 7:50 am Monday, May 12, 2025
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Average gasoline prices in North Carolina have fallen 5.5 cents per gallon in the last week, averaging $2.81 per gallon Monday, May 12, 2025, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 6.8 cents per gallon lower than a month ago and stand 55.9 cents per gallon lower than a year ago. The national average price of diesel has decreased 2.8 cents in the last week and stands at $3.473 per gallon, nearly the lowest tally since 2021.
According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.37 per gallon Sunday while the most expensive was $3.18 per gallon, a difference of 81.0 cents per gallon.
The national average price of gasoline has fallen 4.2 cents per gallon in the last week, averaging $3.08 per gallon Monday. The national average is down 8.6 cents per gallon from a month ago and stands 50.6 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 12, 2024: $3.37 per gallon (U.S. average: $3.58 per gallon)
May 12, 2023: $3.25 per gallon (U.S. average: $3.51 per gallon)
May 12, 2022: $4.21 per gallon (U.S. average: $4.43 per gallon)
May 12, 2021: $2.86 per gallon (U.S. average: $3.01 per gallon)
May 12, 2020: $1.67 per gallon (U.S. average: $1.85 per gallon)
May 12, 2019: $2.66 per gallon (U.S. average: $2.85 per gallon)
May 12, 2018: $2.71 per gallon (U.S. average: $2.87 per gallon)
May 12, 2017: $2.19 per gallon (U.S. average: $2.33 per gallon)
May 12, 2016: $2.13 per gallon (U.S. average: $2.20 per gallon)
May 12, 2015: $2.50 per gallon (U.S. average: $2.66 per gallon)
Selected areas around the state and their current gas prices:
Fayetteville – $2.71 per gallon, down 9.6 cents per gallon from last week’s $2.80 per gallon.
Charlotte – $2.87 per gallon, down 4.2 cents per gallon from last week’s $2.92 per gallon.
Greensboro – $2.84 per gallon, down 6.5 cents per gallon from last week’s $2.91 per gallon.
“Even with oil prices jumping more than $4 per barrel compared to last week, the national average price of gasoline has resumed its decline as refineries wrap up seasonal maintenance and prepare to boost output,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Forty states have seen average gasoline prices fall over the last week, while just ten have seen increases—most notably on the West Coast, where another refinery fire in Northern California once again disrupted gasoline production. As we approach Memorial Day, gas prices may see some minor fluctuations, but for now, I don’t expect any significant changes to the national average, with prices staying near their lowest seasonal level since 2021.”
GasBuddy data is available at prices.GasBuddy.com.
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