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Gas prices in Charlotte, statewide keep dropping

Drivers across the country currently are saving more than $1.10 at the gas pump now compared with this time last year. As of early Tuesday, a gallon of unleaded gas in Charlotte costs $2.289 on average per gallon, and nationwide, gas is $2.419 a gallon, according to auto group AAA.
Drivers across the country currently are saving more than $1.10 at the gas pump now compared with this time last year. As of early Tuesday, a gallon of unleaded gas in Charlotte costs $2.289 on average per gallon, and nationwide, gas is $2.419 a gallon, according to auto group AAA. Tri-City Herald

Gas prices in the Charlotte area and statewide remain below the national average and continue to drop even as the weather warms and demand picks up.

As of early Tuesday, a gallon of unleaded gas in Charlotte costs $2.289 on average, which is down from $2.310 a week ago, according to auto group AAA. Gas in North Carolina is $2.289 a gallon, down from $2.323 a week ago. And nationwide, gas is $2.419 a gallon on average, compared with $2.415 a week ago.

South Carolina has the cheapest gas in the U.S. at $2.105 a gallon and at $3.27 a gallon, California has the priciest on average.

The price of domestic oil fell to a six-year low this past week, putting downward pressure on gas prices and offsetting the potential price gains from higher demand, refinery maintenance and the transition to the pricier summer-blend gasoline, AAA said in a report Monday.

The majority of drivers nationwide are paying a little more for gas now compared with a month ago, though as is the case nationwide, Charlotte drivers are currently paying more than $1.10 less for a gallon of gas compared with this time last year.

Global crude oil prices keep dropping amid reports of growing supply and the appreciation of the U.S. dollar, AAA said. A nuclear deal between the West and Iran could also bring more oil to the global market.

As of early Tuesday, the price of West Texas Intermediate crude, the domestic benchmark, was about $48 a barrel, while Brent crude, the international benchmark, cost about $56 a barrel.

Peralta: 704-358-5079;

Twitter: @katieperalta

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