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Gas prices down last week

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North Carolina, NC, May 24 - Average retail gasoline prices in North Carolina have fallen 8.5 cents per gallon in the past week, averaging $2.72/g yesterday. This compares with the national average that has fallen 6.8 cents per gallon in the last week to $2.80/g, according to gasoline price website NorthCarolinaGasPrices.com.

Including the change in gas prices in North Carolina during the past week, prices yesterday were 36.6 cents per gallon higher than the same day one year ago and are 4.4 cents per gallon lower than a month ago. The national average has decreased 6.3 cents per gallon during the last month and stands 39.8 cents per gallon higher than this day a year ago.

About NorthCarolinaGasPrices.com

GasBuddy.com operates over 200 live gasoline price-tracking websites, including NorthCarolinaGasPrices.com. GasBuddy.com was named one of Time magazine's 50 best websites and to PC World's 100 most useful websites of 2008.

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2 Points

I continue to be amazed that gas will typically be 8 to 10 cents lower in Raleigh than in Wilmington. Perhaps I'm mistaken and the gas does not come in through the ports before being transported inland.

On another note, price decreases lag behind the drop in price for crude in part due to the weak dollar. Another way those government give away programs and increased spending have caused the dollar to drop and the cost we pay for many items increases despite a glut in supply.

Go Gas is several cents

Go Gas is several cents higher in Southport than Leland, as well. A big, new super station is being built across from Wally World in Southport. Maybe they will give Go Gas some stiff competition.

Gas prices at Go Gas

After driving through Brunswick and New Hanover Counties on Saturday, I noticed Go Gas has different gas prices...lower in Leland than Wilmington.

The MSM likes to make a big deal about oil/gas prices, but fail to mention that retail price drops lag the price decrease with crude oil.