Charlotte, August 2, 2025
News Summary
As of August 1, 2023, the average price for regular gasoline in the Charlotte-Gastonia-Rock Hill metro area is $2.90 per gallon, mirroring the statewide average. Diesel prices also saw a slight decrease, currently averaging $3.55 per gallon. Compared to the previous year, gas prices have dropped significantly by $0.34 or 10.6%. While Charlotte maintains stable prices, the nationwide average has increased, highlighting geographic variations in fuel pricing. Staying informed on these trends is crucial for consumers and businesses alike.
Charlotte
As of August 1, 2023, the average price for regular gasoline in the Charlotte-Gastonia-Rock Hill metro area stands at $2.90 per gallon. This figure aligns with the average gas price across North Carolina, which is also recorded at $2.90. Despite a slight decrease of 0.1% this week, gas prices have significantly fallen over the past year, dropping by $0.34 or 10.6% since August 1, 2022, when prices were notably higher.
Diesel prices in the Charlotte area currently average $3.55 per gallon, which reflects a small decrease of 0.6% over the past week. Comparatively, diesel prices have also declined since last year, falling by $0.13 or 3.6% from the previous year. This downward trend in fuel prices could provide some economic relief to local consumers and businesses reliant on transport.
Recent Trends in Gas Prices
The week-on-week changes for gas prices in Charlotte and the surrounding areas indicate a stable market, with prices remaining unchanged compared to the previous week. In contrast, the nationwide average for regular gas saw a notable increase of $0.08, now sitting at $3.20. This increase among various regions may be influenced by broader economic trends, including ongoing conflicts in the Middle East which have raised alarms regarding potential fluctuations in gas prices across the United States.
Historical Context
To put the current prices into perspective, the historical peak for gas prices in the Charlotte area was recorded at $4.63 on June 12, 2022. Diesel prices reached a high of $5.72 on June 10 of the same year. The significant drops observed in the past year can be attributed to various factors, including shifts in global oil production, reduced demand, and changes in crude oil costs.
Comparative Analysis of Gas Prices
While Charlotte maintains relatively stable pricing, other metro areas in the U.S. report varying gas prices. The least expensive metro areas for gas include:
- McAllen-Edinburg-Mission, TX: $2.57
- Laredo, TX: $2.58
- Brownsville-Harlingen, TX: $2.60
In contrast, some metro areas are experiencing significantly higher prices, exceeding $4.70. These disparities highlight geographic variations in fuel pricing influenced by local taxes, transportation costs, and market competition.
Conclusion
While gas prices in the Charlotte metro area have shown stability, the ongoing national dynamics and international affairs may influence future pricing trends. Consumers and businesses will need to stay informed as the situation develops, particularly in light of recent surges in nationwide gas prices.
FAQ
What is the current average gas price in the Charlotte area?
The current average gas price in the Charlotte-Gastonia-Rock Hill metro area is $2.90 per gallon as of August 1, 2023.
How do current prices compare to last year?
Gas prices have decreased by $0.34 or 10.6% compared to the same time last year, when prices averaged $3.24.
What are the current diesel prices in Charlotte?
The current average diesel price is $3.55 per gallon, which is a decline of $0.13 or 3.6% over the past year.
What was the historical highest gas price in Charlotte?
The highest recorded gas price in the Charlotte area was $4.63 on June 12, 2022.
How do Charlotte’s gas prices compare to national averages?
The nationwide average gas price is currently $3.20 per gallon, indicating that Charlotte’s prices are lower than the national average.
Key Features Summary
| Feature | Current Price | Change (Week) | Change (Year) | Historical High |
|---|---|---|---|---|
| Gas Price (Charlotte) | $2.90 | $0.00 (-0.1%) | -$0.34 (-10.6%) | $4.63 (June 12, 2022) |
| Diesel Price | $3.55 | -$0.02 (-0.6%) | -$0.13 (-3.6%) | $5.72 (June 10, 2022) |
| Nationwide Gas Average | $3.20 | +$0.08 | N/A | N/A |
Deeper Dive: News & Info About This Topic
HERE Resources
Charlotte’s Independence Day Celebration: July 3-4 Events
Charlotte Celebrates Independence Day with Spectacular Events
Local Designer Faces Challenges Amid Tariff Increases
Charlotte Hosts Thrilling Events This May
Charlotte Housing Market Stabilizes in 2025
Bessemer City Transforms Historic Textile Mill into Affordable Housing
Walmart Dominates Charlotte’s Grocery Market for Sixth Year
Charlotte Weekend Events for Foodies and Fun Seekers
Canada and U.S. Engage in Tariff Showdown
Belk to Open New Outlet Stores in Charlotte, NC
Additional Resources
- WSOC TV: Gas Prices Update
- Wikipedia: Gasoline
- QC News: NC Gas Prices
- Google Search: North Carolina Gas Prices
- The Coastland Times: Weekly Gas Price Update
- Encyclopedia Britannica: Fuel
- WBTV: Circle K Fuel Discounts
- Google News: Circle K Fuel Discounts
Author: HERE Charlotte
The CHARLOTTE STAFF WRITER represents the experienced team at HERECharlotte.com, your go-to source for actionable local news and information in Charlotte, Mecklenburg County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Lovin' Life Music Festival, Charlotte Pride festival, and major sporting tournaments at Bank of America Stadium. Our coverage extends to key organizations like the Charlotte Regional Business Alliance and Foundation for the Carolinas, plus leading businesses in finance and entertainment that power the local economy such as Bank of America and NASCAR. As part of the broader HERE network, including HEREAsheville.com, HEREGreensboro.com, HERERaleigh.com, and HEREOBX.com, we provide comprehensive, credible insights into North Carolina's dynamic landscape.
