North Carolina’s weekly gas price update
Published 10:25 am Monday, June 15, 2020
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North Carolina gas prices have risen 10.4 cents per gallon in the past week, averaging $1.97 per gallon Monday, June 15, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 27.9 cents per gallon higher than a month ago and stand 45.5 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in North Carolina is priced at $1.59 per gallon Monday while the most expensive is $3.09 per gallon, a difference of $1.50 per gallon.
The national average price of gasoline has risen 4.7 cents per gallon in the last week, averaging $2.09 per gallon Monday. The national average is up 23.3 cents per gallon from a month ago and stands 57.7 cents per gallon lower than a year ago.
Historical gasoline prices in North Carolina and the national average going back ten years:
June 15, 2019: $2.43 per gallon (U.S. average: $2.67 per gallon)
June 15, 2018: $2.72 per gallon (U.S. average: $2.90 per gallon)
June 15, 2017: $2.15 per gallon (U.S. average: $2.30 per gallon)
June 15, 2016: $2.24 per gallon (U.S. average: $2.37 per gallon)
June 15, 2015: $2.67 per gallon (U.S. average: $2.81 per gallon)
June 15, 2014: $3.56 per gallon (U.S. average: $3.67 per gallon)
June 15, 2013: $3.43 per gallon (U.S. average: $3.62 per gallon)
June 15, 2012: $3.34 per gallon (U.S. average: $3.52 per gallon)
June 15, 2011: $3.59 per gallon (U.S. average: $3.68 per gallon)
June 15, 2010: $2.59 per gallon (U.S. average: $2.67 per gallon)
Neighboring areas and their current gas prices:
Fayetteville – $1.99 per gallon, up 9.1 cents per gallon from last week’s $1.89 per gallon.
Charlotte – $1.96 per gallon, up 9.9 cents per gallon from last week’s $1.87 per gallon.
Greensboro – $2.00 per gallon, up 9.3 cents per gallon from last week’s $1.91 per gallon.
“As gasoline demand continues on the road to recovery, the national average has advanced for another week, making it seven straight weeks of rising gas prices as the easing coronavirus situation inspires more Americans to hit the road,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Data from Pay with GasBuddy shows U.S. gasoline demand rose 2.4% last week to its highest level in over three months, giving renewed confidence that amidst OPEC’s crude oil cutbacks, supply will remain in check. I expect the upward trend to continue across most of the country ahead of July 4, with prices perhaps rising another 10-20 cents by then. The one thing that could bring restraint to rising gas prices is if we see a significant second wave of COVID-19 cases, but for now, I’m optimistic that won’t happen.”
GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.
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