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Charlotte-area gas prices continue to inch up

Traffic on North Tryon Street near UNC Charlotte.
Traffic on North Tryon Street near UNC Charlotte. dhinshaw@charlotteobserver.com

As the weather heats up and more drivers are hitting the road, gas prices in the Charlotte area and beyond are inching up.

The average price of a gallon of unleaded in the Charlotte metro rose by one penny over the last week, according to auto group AAA. That was also the case in North Carolina, and in South Carolina, the average price was flat. The U.S. average price rose 3 cents over the week.

It’s normal for gas prices to start going up as demand increases during the summer.

Demand, which generally peaks between the Memorial Day holiday in late May and Labor Day in early September, is expected to peak this year at a record 9.5 million barrels, Bloomberg News reported, citing the Energy Information Administration.

Still, summertime gas prices are expected to be their lowest in 12 years, according to the EIA.

Below are the average gas prices in the Charlotte region, in the Carolinas and in the rest of the U.S. AAA surveys 120,000 stations nationwide to determine average prices. Bloomberg News contributed.

Charlotte

North Carolina

South Carolina

U.S.

Current

$2.23

$2.27

$2.10

$2.36

Week ago

$2.22

$2.26

$2.10

$2.33

Year ago

$2.60

$2.63

$2.46

$2.74

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