CHARLOTTE, N.C. — According to GasBuddy's survey of 665 gas stations in Charlotte, gas prices have fallen 0.7 cents per gallon in the past week, currently averaging $3.17 per gallon.
However, gas prices in Charlotte are 9.5 cents per gallon higher than a month ago and $1.20 per gallon higher than a year ago.
Its price reports show the cheapest station in Charlotte is priced at $2.87 per gallon today while the most expensive is $3.42 per gallon. That's a difference of 55.0 cents per gallon.
The lowest price in the state today is $2.87 per gallon while the highest is $3.61 per gallon, a difference of 74.0 cents per gallon.
"As of Sunday evening, the national average price of gasoline posted its first weekly decline in months. As the price of oil continues to struggle, Covid cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week," Patrick De Haan, head of petroleum analysis for GasBuddy, said.
The national price of gasoline has fallen 2.6 cents per gallon in the last week, averaging $3.40 per gallon today. The national average is up 9.5 cents per gallon from a month ago and is $1.28 per gallon higher than a year ago.
Historical gasoline prices in Charlotte and the national average going back ten years:
- Nov. 15, 2020: $1.97 per gallon (U.S. Average: $2.12 per gallon)
- Nov. 15, 2019: $2.31 per gallon (U.S. Average: $2.61 per gallon)
- Nov. 15, 2018: $2.47 per gallon (U.S. Average: $2.65 per gallon)
- Nov. 15, 2017: $2.42 per gallon (U.S. Average: $2.57 per gallon)
- Nov. 15, 2016: $2.09 per gallon (U.S. Average: $2.14 per gallon)
- Nov. 15, 2015: $2.10 per gallon (U.S. Average: $2.16 per gallon)
- Nov. 15, 2014: $2.77 per gallon (U.S. Average: $2.89 per gallon)
- Nov. 15, 2013: $3.16 per gallon (U.S. Average: $3.19 per gallon)
- Nov. 15, 2012: $3.26 per gallon (U.S. Average: $3.43 per gallon)
- Nov. 15, 2011: $3.38 per gallon (U.S. Average: $3.41 per gallon)
Neighboring areas and their current gas prices:
- Spartanburg - $3.10 per gallon, down 4.7 cents per gallon from last week's $3.15 per gallon.
- Winston-Salem - $3.26 per gallon, down 0.9 cents per gallon from last week's $3.27 per gallon.
"While it's not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday." De Hann said. "However, the damage may already be done ... a significant portion of Americans say the high gas prices already led them to re-think their plans."
GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once-daily survey covering credit card transactions at 100,000 stations and the Lundberg Survey, updated once every two weeks based on 7,000 gas stations, GasBuddy's survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country.
Wake Up Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with the team at Wake Up Charlotte.
SUBSCRIBE: Apple Podcasts || Spotify || Stitcher || TuneIn || Google Podcasts
All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.