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Charlotte gas prices jump nearly 17 cents over last week

The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.51 per gallon, analysts said.
The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.51 per...
The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.51 per gallon, analysts said.(MGN)
Published: May. 9, 2022 at 7:45 AM EDT
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CHARLOTTE, N.C. (WBTV) – Gas prices in Charlotte rose 16.8 cents over the past week, officials said.

The average price of a gallon of regular gas in Charlotte is $4.10 per gallon on Monday, according to GasBuddy’s daily survey of 665 stations.

That’s 44 cents higher than the previous 10-year high of $3.66 a gallon on May 9, 2012.

Gas prices in Charlotte are 19.9 cents per gallon higher than a month ago and stand at $1.40 per gallon higher than a year ago, GasBuddy analysts said. The cheapest station in the city is $3.85 per gallon as of May 8 while the most expensive is $4.59 a gallon, a difference of 74 cents per gallon.

Check out the Charlotte area’s lowest gas prices here.

The price of diesel has risen 22.6 cents nationally in the past week and stands at $5.51 per gallon, analysts said.

In North Carolina, the average price of a gallon of gas was $4.10, up 16.3 cents per gallon from last week’s $3.93 a gallon, according to GasBuddy.

“Gasoline prices have continued their rally in the last week with oil prices sustaining higher levels, but the real story has been diesel fuel, which has skyrocketed to its highest level ever seen. Diesel is now $1 per gallon or more in many areas compared to gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The meteoric rise in diesel prices is likely to continue for the first half of the week at least, while gasoline prices could continue to see a slow but steady rise. For now, the rising cost of diesel will surely be felt in the grocery store, hardware store or on your next flight as jet fuel prices accelerate, leading to a continued rise in inflation likely to ripple across the economy.”

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