Transportation energy prices below national norm as Labor Day approaches
The article from The Center Square reports that as Labor Day approaches, transportation energy prices in North Carolina remain below the national average. Motorists in the state are paying roughly 30 cents less per gallon for gasoline compared to the national average. Currently, the average price for a gallon of unleaded gasoline in North carolina is $2.86, with prices varying slightly by region. Diesel prices average $3.45 per gallon, down from $3.64 a year ago. Nationally, gasoline averages $3.16 per gallon, and diesel averages $3.68.
The report notes that Environmental Protection Agency regulations require the sale of less volatile summer blend fuel during this period, wich typically adds 10 to 15 cents to the price per gallon.North Carolina has over 8 million registered combustion engine vehicles.
Electric vehicle (EV) charging rates in the state average 33.2 cents per kilowatt-hour, which is below the national average of 36.3 cents. The state has more than 100,000 zero-emission vehicles registered. Compared to other states, north Carolina’s fuel taxes are moderate, with a proposed 40.3 cents per gallon tax rate for 2025, which helps fund transportation projects through highway-related funds.
Among major metro areas in North Carolina, Fayetteville has the lowest average unleaded gas price at $2.76, while Durham-Chapel Hill has the highest at $2.92. Diesel is cheapest in the Hickory-Lenoir-Morganton area at $3.29 per gallon.
fuel prices in North Carolina remain favorable for consumers as the summer travel season concludes.
Transportation energy prices below national norm as Labor Day approaches
(The Center Square) – As they often have throughout the summer, motorists in North Carolina are paying about 30 cents less than the nation on average for gasoline.
Summer’s unofficial closing of Labor Day weekend arrives this week, with many families already in the state’s tourism meccas. The state average for a gallon of unleaded gasoline is $2.86, with prices a little lower in the mountains and a tick higher along the 320 miles of ocean shoreline.
A year ago, the state average was $3.11, according to the American Automobile Association. The average for diesel is $3.45, down from $3.64 a year ago.
Nationally, the unleaded gas average is $3.16, down from $3.35 last year, and diesel is $3.68, down slightly from $3.70, respectively.
Per Environmental Protection Agency rules in place from June 1 to Sept. 15, the less volatile summer blend fuel must be sold. Price impact is generally considered 10 cents to 15 cents higher per gallon.
Combustion engine consumers make up more than 8 million vehicle registrations in the nation’s ninth-largest state.
North Carolina’s electric vehicle charging rate average, according to AAA, is 33.2 cents per kilowatt-hour. The national average is 36.3 cents per kWh. More than 100,000 zero-emission vehicles are registered in the state. At the start of the calendar year, the state norm was 33.5 cents per kWh and the national was 34.7 cents per kWh.
Ten states have lower average prices for a gallon of unleaded; 14 are lower for diesel; and seven are lower in electric.
Among 14 major metro areas, the least expensive average for unleaded gas is in Fayetteville at $2.76. The most expensive area is the Durham-Chapel Hill metro area at $2.92.
Diesel is the most consumer-friendly ($3.29) in the Hickory-Lenoir-Morganton market.
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North Carolina’s 40.3 cents per gallon tax rate for 2025 is topped by California (59.6), Pennsylvania (57.6), Washington (49.4), Illinois (47), Maryland (46.1), and New Jersey (44.9).
Motor fuel taxes in the state fund the Department of Transportation’s highway and multi-modal projects, accounting for more than half of the state transportation resources. The revenues go into the Highway Fund and the Highway Trust Fund.
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