Weekly North Carolina gas price update

Published 1:36 pm Tuesday, July 23, 2024

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Average gasoline prices in North Carolina have fallen 6.6 cents per gallon in the last week, averaging $3.33 per gallon Monday, July 22, 2024, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 10.3 cents per gallon higher than a month ago and stand 3.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.0 cents in the last week and stands at $3.79 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.95 per gallon Sunday while the most expensive was $3.99 per gallon, a difference of $1.04 per gallon.

The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.47 per gallon Monday. The national average is up 3.5 cents per gallon from a month ago and stands 9.9 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.

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Historical gasoline prices in North Carolina and the national average going back 10 years:
July 22, 2023: $3.37 per gallon (U.S. average: $3.57 per gallon)
July 22, 2022: $4.05 per gallon (U.S. average: $4.38 per gallon)
July 22, 2021: $2.87 per gallon (U.S. average: $3.15 per gallon)
July 22, 2020: $1.95 per gallon (U.S. average: $2.19 per gallon)
July 22, 2019: $2.56 per gallon (U.S. average: $2.75 per gallon)
July 22, 2018: $2.66 per gallon (U.S. average: $2.82 per gallon)
July 22, 2017: $2.12 per gallon (U.S. average: $2.28 per gallon)
July 22, 2016: $2.04 per gallon (U.S. average: $2.17 per gallon)
July 22, 2015: $2.57 per gallon (U.S. average: $2.75 per gallon)
July 22, 2014: $3.48 per gallon (U.S. average: $3.56 per gallon)

“Most of the country has seen a reprieve from rising gasoline prices, thanks to weaker-than-expected gasoline demand, building supplies and a quiet period in the tropics,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While a good portion of the nation saw average gas prices decline, severe weather completely knocked out power to a major refinery outside Chicago early last week, immediately impacting gasoline supplies to Illinois, Wisconsin, Indiana and Michigan, and pushing prices up considerably. We’ve often said how critical refineries are, and with a long power outage, we’re seeing the impact very quickly, but relief will eventually arrive. For now, as we approach the end of summer vacations, I’m hopeful gas prices will continue to edge slightly lower in the week ahead.”

GasBuddy’s averages, graphs, maps and historical pricing data is available at prices.GasBuddy.com.

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