Weekly gas price update for North Carolina

Average gasoline prices in North Carolina have risen 3.1 cents per gallon in the last week, averaging $3.37 per gallon Monday, May 13, 2024, according to GasBuddy’s survey of 6,092 stations in North Carolina. Prices in North Carolina are 0.4 cents per gallon higher than a month ago and stand 13.0 cents per gallon higher than a year ago. The national average price of diesel has fallen 4.6 cents in the last week and stands at $3.90 per gallon.

According to GasBuddy price reports, the cheapest station in North Carolina was priced at $2.88 per gallon Sunday while the most expensive was $3.90 per gallon, a difference of $1.02 per gallon.

The national average price of gasoline has fallen 3.2 cents per gallon in the last week, averaging $3.58 per gallon Monday. The national average is down 3.7 cents per gallon from a month ago and stands 6.1 cents per gallon higher 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.

Historical gasoline prices in North Carolina and the national average going back 10 years:
May 13, 2023: $3.24 per gallon (U.S. average: $3.52 per gallon)
May 13, 2022: $4.22 per gallon (U.S. average: $4.44 per gallon)
May 13, 2021: $2.89 per gallon (U.S. average: $3.03 per gallon)
May 13, 2020: $1.69 per gallon (U.S. average: $1.86 per gallon)
May 13, 2019: $2.65 per gallon (U.S. average: $2.86 per gallon)
May 13, 2018: $2.71 per gallon (U.S. average: $2.86 per gallon)
May 13, 2017: $2.18 per gallon (U.S. average: $2.33 per gallon)
May 13, 2016: $2.14 per gallon (U.S. average: $2.22 per gallon)
May 13, 2015: $2.50 per gallon (U.S. average: $2.67 per gallon)
May 13, 2014: $3.63 per gallon (U.S. average: $3.64 per gallon)

“While pump prices haven’t exactly plummeted, we’ve seen the average price of gasoline drop in a majority of states over the last week as refineries finish maintenance and ramp up output of products like gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With gas prices now nearing a 10-cent drop to the high we saw a few weeks ago, the future looks good as we get closer to Memorial Day; price drops could potentially accelerate after last week’s jobs data shows the economy continues to cool off. While gas prices stand slightly above where they were last year, I expect most Americans will see prices fall before the holiday weekend, and I’m optimistic the trend could extend into June and beyond. I’m excited to say it does appear that for now, the worst is behind us.”

GasBuddy data is accessible at prices.GasBuddy.com .

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