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Charlotte-area gas prices fall 2 cents over the week

Gas prices in the Charlotte area fell 2 cents over the last week, reflecting a national trend as crude oil prices fall to their lowest level in more than five years.

The national average price of a gallon of unleaded gas is now the cheapest it has been since 2009, according to auto group AAA. Gas in the wintertime typically is cheapest because of lower demand, but low oil prices and an oversupply of gas make this year’s prices even lower across the country.

South Carolina continues to boast the cheapest gas in the U.S.

The cheap gas prices nationwide should come as a relief to Americans planning a holiday road trip. Over 100 million people plan to make a year-end trip, the highest count on record, according to a separate report Tuesday from AAA. Driving remains the most popular mode of transportation.

Below are the current national averages locally and nationally. AAA surveys 120,000 stations nationwide to determine average prices.

Charlotte

North Carolina

South Carolina

National

Current

$1.98

$1.98

$1.79

$2.01

Week ago

$2.00

$2.00

$1.81

$2.03

Year ago

$2.50

$2.55

$2.35

$2.55

Katherine Peralta: 704-358-5079, @katieperalta

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