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The average price for a gallon of gas in North Carolina has dropped 11 cents over the past week, according to AAA. Gas prices in NC could drop below $4. An energy industry expert explains why
For example, from May 2022 to June 2022 the average cost of gas increased by $0.88 per gallon. Data below from the U.S. Energy Administration show fuel costs from 2011 to 2023. Average price per ...
According to AAA, gas prices falling after Labor Day signals the end of the busy summer travel season. If that trend holds up in 2022, you can expect the price per gallon to continue its downward ...
In the first week of May 2020, gas prices fell below $1.80, nearly the lowest in history when adjusted for inflation. By the second week of June 2022, they peaked above $5 -- a record high.
While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.
Gas prices in the U.S. hit all-time highs this year thanks to high demand, low supply and economic and global unrest. According to AAA, 2022 started with the average price of gas at $3.28 per ...
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel.
After a steady decline since June, gas prices reversed course last week.