North Carolina gas prices have fallen 4.2 cents per gallon in the past week, averaging $2.42 per gallon as of Monday, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 8.8 cents per gallon higher than a month ago and stand 34.5 cents per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in North Carolina is priced at $2.17 per gallon on Monday while the most expensive is $3.29 per gallon, a difference of $1.12 per gallon. The lowest price in the state today is $2.17 per gallon while the highest is $3.29 per gallon, a difference of $1.12 per gallon. The cheapest price in the entire country today stands at $0.65 per gallon while the most expensive is $4.99 per gallon, a difference of $4.34 per gallon.
The national average price of gasoline has fallen 1.8 cents per gallon in the last week, averaging $2.57 per gallon on Monday. The national average is up 0.6 cents per gallon from a month ago and stands 33.2 cents per gallon higher than a year ago.
Historical gasoline prices in North Carolina and the national average going back 10 years:
Jan. 13, 2019: $2.07/gallon (U.S. Average: $2.24/gallon)
Jan., 2018: $2.38/gallon (U.S. Average: $2.53/gallon)
Jan. 13, 2017: $2.26/gallon (U.S. Average: $2.34/gallon)
Jan. 13, 2016: $1.88/gallon (U.S. Average: $1.95/gallon)
Jan. 13, 2015: $2.20/gallon (U.S. Average: $2.11/gallon)
Jan. 13, 2014: $3.28/gallon (U.S. Average: $3.31/gallon)
Jan. 13, 2013: $3.37/gallon (U.S. Average: $3.30/gallon)
Jan. 13, 2012: $3.43/gallon (U.S. Average: $3.39/gallon)
Jan. 13, 2011: $3.04/gallon (U.S. Average: $3.07/gallon)
Jan. 13, 2010: $2.74/gallon (U.S. Average: $2.74/gallon)
Neighboring areas and their current gas prices:
Fayetteville: $2.35 per gallon, down 5.5 cents per gallon from last week’s $2.41 per gallon.
Charlotte: $2.42 per gallon, down 1.3 cents per gallon from last week’s $2.43 per gallon.
Greensboro: $2.44 per gallon, down 3.1 cents per gallon from last week’s $2.47 per gallon.
“With Iran and the United States de-escalating rising tensions last week, oil prices plummeted back under $60 per barrel, a welcome sign for motorists who had believed gas prices were about to shoot up. For now, the reduced tensions may lead gas prices to again begin falling in most states over the next few weeks before seasonal factors then again push prices back up,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “We have a closing window of opportunity that will last about four more weeks in which we could see falling prices as demand for gasoline weakens, but by mid-February, that trend may wrap up. I don’t expect to see prices fall more than 10-20 cents by then, but some clearance sales may happen in early February as refiners begin seeing challenges getting rid of the gasoline they’re forced to produce. Bottom line: Enjoy the falling prices while they last and cross your fingers that tensions continue to cool between the U.S. and Iran.”