Gas prices tumble

Published 9:20 am Tuesday, May 1, 2012

At last, some good news at the pump.

Average retail gasoline prices in North Carolina have fallen 5.3 cents per gallon in the past week, averaging $3.78 per gallon as of Sunday (April 29). This compares with the national average that has fallen 3.3 cents per gallon in the last week to $3.81 per gallon, according to gasoline price website

Including the change in gas prices in North Carolina during the past week, prices on Sunday were 4.3 cents per gallon lower than the same day one year ago and are 10.4 cents per gallon lower than a month ago. The national average has decreased 8.6 cents per gallon during the last month and stands 10.4 cents per gallon lower than this day one year ago.

Meanwhile, pump prices in the Ahoskie market remain higher than average. Despite falling 10 cents in a single day (from $3.98 per gallon to $3.88), the local market is still 10 cents higher than the state average.

“Unsurprisingly, the average price for a gallon of regular self-serve continues to drop in a majority of communities across the United States,” said Senior Petroleum Analyst Patrick DeHaan. “The national average now stands nearly 10-cents per gallon lower than the same date a year ago, but will we hear an end to complaining about gasoline prices at the pump? Perhaps the rhetoric will wind down, but with summer around the corner, any sudden increase in price of gasoline will have Americans virtually calling for the heads of politicians in November.”


GasBuddy operates and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.