Weekly gas price update for North Carolina

Published 11:13 am Monday, August 28, 2023

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Average gasoline prices in North Carolina have fallen 5.3 cents per gallon in the last week, averaging $3.50 per gallon Monday, August 28, 2023, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 1.5 cents per gallon lower than a month ago and stand 2.2 cents per gallon lower than a year ago. The national average price of diesel has risen 3.3 cents in the last week and stands at $4.333 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.97 per gallon Sunday while the most expensive was $4.20 per gallon, a difference of $1.23 per gallon.

The national average price of gasoline has fallen 4.0 cents per gallon in the last week, averaging $3.78 per gallon Monday. The national average is up 5.8 cents per gallon from a month ago and stands 3.5 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:
August 28, 2022: $3.52 per gallon (U.S. average: $3.81 per gallon)
August 28, 2021: $2.86 per gallon (U.S. average: $3.14 per gallon)
August 28, 2020: $2.12 per gallon (U.S. average: $2.24 per gallon)
August 28, 2019: $2.35 per gallon (U.S. average: $2.57 per gallon)
August 28, 2018: $2.64 per gallon (U.S. average: $2.83 per gallon)
August 28, 2017: $2.24 per gallon (U.S. average: $2.37 per gallon)
August 28, 2016: $2.08 per gallon (U.S. average: $2.21 per gallon)
August 28, 2015: $2.27 per gallon (U.S. average: $2.51 per gallon)
August 28, 2014: $3.34 per gallon (U.S. average: $3.43 per gallon)
August 28, 2013: $3.47 per gallon (U.S. average: $3.53 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $3. per gallon, down 7.0 cents per gallon from last week’s $3.41 per gallon.
Charlotte – $3.53 per gallon, down 7.1 cents per gallon from last week’s $3.60 per gallon.
Greensboro – $3.50 per gallon, down 4.6 cents per gallon from last week’s $3.55 per gallon.

“For the first time in weeks, the national average price of gasoline has fallen over the last week as the wholesale price of gasoline had been under seasonal pressure as we near the end of the summer driving season. However, the drop may be short-lived, as one of the nation’s largest refineries partially shut last week after a fire at a storage tank, and as we see more tropical activity that could lead to further disruption,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While GasBuddy is closely monitoring Florida for challenges related to Idalia and is prepared to activate the fuel availability tracker, the rest of the nation could see gas price declines reversing pending the outcome of refinery issues that continue to put upward pressure on wholesale gasoline prices.”

GasBuddy data is accessible at prices.GasBuddy.com.

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