Weekly gas price update for North Carolina

Published 12:37 pm Monday, November 18, 2024

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Average gasoline prices in North Carolina have fallen 0.8 cents per gallon in the last week, averaging $2.89 per gallon Monday, November 18, 2024, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 7.8 cents per gallon lower than a month ago and stand 13.7 cents per gallon lower than a year ago. The national average price of diesel has declined 0.4 cents in the last week and stands at $3.516 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.49 per gallon Sunday while the most expensive was $3.49 per gallon, a difference of 100.0 cents per gallon.

The national average price of gasoline has fallen 0.7 cents per gallon in the last week, averaging $3.02 per gallon Monday. The national average is down 15.2 cents per gallon from a month ago and stands 27.6 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:
November 18, 2023: $3.02 per gallon (U.S. average: $3.30 per gallon)
November 18, 2022: $3.32 per gallon (U.S. average: $3.67 per gallon)
November 18, 2021: $3.18 per gallon (U.S. average: $3.41 per gallon)
November 18, 2020: $1.92 per gallon (U.S. average: $2.11 per gallon)
November 18, 2019: $2.36 per gallon (U.S. average: $2.60 per gallon)
November 18, 2018: $2.50 per gallon (U.S. average: $2.60 per gallon)
November 18, 2017: $2.37 per gallon (U.S. average: $2.54 per gallon)
November 18, 2016: $2.10 per gallon (U.S. average: $2.15 per gallon)
November 18, 2015: $2.08 per gallon (U.S. average: $2.12 per gallon)
November 18, 2014: $2.80 per gallon (U.S. average: $2.86 per gallon)

Selected areas around the state and their current gas prices:
Fayetteville – $2.82 per gallon, down 3.5 cents per gallon from last week’s $2.86 per gallon.
Charlotte – $2.87 per gallon, down 5.7 cents per gallon from last week’s $2.93 per gallon.
Greensboro – $2.94/ per gallon, up 1.5 cents per gallon from last week’s $2.92 per gallon.

“Several states saw gas prices jump or ‘cycle’ last week, a behavior in which gas prices climb significantly after falling below a station’s replacement price. This led the national average to see little meaningful change from last week, with many states experiencing a slow decline, offsetting the few states that did see big jumps,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, the good news is that those states that saw large jumps last week will likely see some of the biggest declines at the pump this week, paving the way for the national average to fall, potentially below $3 per gallon, just in time for Thanksgiving, with GasBuddy tracking 28 states already below that level.”

GasBuddy data is available at prices.GasBuddy.com.

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