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Weekly gas price update for North Carolina

North Carolina gas prices have fallen 0.9 cents per gallon in the past week, averaging $1.93 per gallon Monday, August 3, according to GasBuddy’s daily survey of 6,092 stations. Gas prices in North Carolina are 9.8 cents per gallon lower than a month ago and stand 57.4 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $1.67 per gallon Monday while the most expensive is $3.09 per gallon, a difference of $1.42 per gallon.

The national average price of gasoline is unchanged in the last week, averaging $2.17 per gallon Monday. The national average is unchanged  from a month ago and stands 53.0 cents per gallon lower than a year ago.

Historical gasoline prices in North Carolina and the national average going back ten years:
August 3, 2019: $2.50 per gallon (U.S. Average: $2.70 per gallon)
August 3, 2018: $2.70 per gallon (U.S. Average: $2.87 per gallon)
August 3, 2017: $2.19 per gallon (U.S. Average: $2.34 per gallon)
August 3, 2016: $1.99 per gallon (U.S. Average: $2.11 per gallon)
August 3, 2015: $2.47 per gallon (U.S. Average: $2.65 per gallon)
August 3, 2014: $3.42 per gallon (U.S. Average: $3.50 per gallon)
August 3, 2013: $3.50 per gallon (U.S. Average: $3.61 per gallon)
August 3, 2012: $3.46 per gallon (U.S. Average: $3.57 per gallon)
August 3, 2011: $3.70 per gallon (U.S. Average: $3.69 per gallon)
August 3, 2010: $2.64 per gallon (U.S. Average: $2.71 per gallon)

Neighboring areas and their current gas prices:
Fayetteville – $1.97 per gallon, up 2.1 cents per gallon from last week’s $1.95 per gallon.
Charlotte – $2.02 per gallon, unchanged  from last week’s $2.02 per gallon.
Greensboro – $1.89 per gallon, down 4.5 cents per gallon from last week’s $1.93 per gallon.

“Impressively and for a fifth straight week, average gas prices have remained quiet, with prices fluctuating less than a few cents per gallon over the last month. While it’s been a bit of a bore, it’s certainly still to motorists’ advantage as prices remain at their lowest seasonally in well over a decade,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Gasoline demand looks to be trending higher, but just barely, which could eventually end the stable gas prices. For now, heading into the last few weeks of summer, I don’t think we’ll see the national average eclipse $2.25 per gallon, so if you’re making plans for Labor Day, that will mean just about everyone is in the $2 per gallon range, with the exception of California and Hawaii. It won’t be a bad time if you’re choosing to hit the road, as over a dozen states still have average gas prices under $2 per gallon.”

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

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