May 29, 2024 7:51 am
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Local News

NC Gas Prices Increase, but Remain Lower Than National Average

Credit: iStock

Staff Writer

Gas prices throughout the United States have continued their upward trend over the previous months and years, due to increasing oil prices. Despite the lower demand, potential hurricane development and forecasts of record-high temperatures could cause refineries to halt production and contribute to the increase in prices. As of Aug. 18, the average price of gas per gallon in the United States is $3.873, a 31 cent increase from one month ago but a six cent decrease from one year ago.

Here in North Carolina the price of gas per gallon increased slightly to $3.586, a 28 cent per gallon increase compared to one month ago, and a 4 cent per gallon decrease from one year ago. 

To find out more about gas prices nationally and locally go here.

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