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North Carolina gas prices fall slightly over past week

North Carolina gas prices have fallen 1.4 cents per gallon in the past week, averaging $2.87 per gallon Monday, July 26, according to GasBuddy’s daily survey of 6,092 stations in North Carolina. Gas prices in North Carolina are 2.3 cents per gallon higher than a month ago and stand 93.5 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina is priced at $2.39 per gallon Monday while the most expensive is $3.19 per gallon, a difference of 80.0 cents per gallon.

The national average price of gasoline has fallen 2.9 cents per gallon in the last week, averaging $3.14 per gallon Monday. The national average is up 4.7 cents per gallon from a month ago and stands 97.2 cents per gallon higher than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
July 26, 2020: $1.93 per gallon (U.S. Average: $2.17 per gallon)
July 26, 2019: $2.53 per gallon (U.S. Average: $2.74 per gallon)
July 26, 2018: $2.65 per gallon (U.S. Average: $2.85 per gallon)
July 26, 2017: $2.12 per gallon (U.S. Average: $2.28 per gallon)
July 26, 2016: $2.02 per gallon (U.S. Average: $2.14 per gallon)
July 26, 2015: $2.53 per gallon (U.S. Average: $2.73 per gallon)
July 26, 2014: $3.46 per gallon (U.S. Average: $3.53 per gallon)
July 26, 2013: $3.54 per gallon (U.S. Average: $3.64 per gallon)
July 26, 2012: $3.38 per gallon (U.S. Average: $3.49 per gallon)
July 26, 2011: $3.69 per gallon (U.S. Average: $3.69 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.86 per gallon, down 1.1 cents per gallon from last week’s $2.87 per gallon.
Charlotte – $2.89 per gallon, down 0.4 cents per gallon from last week’s $2.89 per gallon.
Greensboro – $2.85 per gallon, down 1.6 cents per gallon from last week’s $2.87 per gallon.

“With oil prices struggling under the weight of a rise in new Covid cases thanks to the Delta variant and OPEC’s increase in oil production, average gas prices in most states finally drifted lower,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “However, we aren’t yet in the clear – U.S. gasoline demand last week surged to a new 2021 high, besting the week prior to the July 4 holiday. This shows that motorists aren’t slowing their appetite for hitting the road just yet, and that could further boost prices should demand remain hot. For now, motorists should enjoy the perhaps brief respite at the pump and buckle up for what might be a bumpy finish to summer.”

GasBuddy data is accessible at http://FuelInsights.GasBuddy.com.

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