Seasonal Factors Push Asheville Gas Prices Up

Seasonal Factors Push Asheville Gas Prices Up

Gas prices in Asheville are on the rise, with experts attributing the increase to seasonal factors affecting the fuel market. According to GasBuddy, the average fuel prices in Asheville have increased by 7.9 cents per gallon in the last week, reaching an average of $3.22 per gallon as of Monday, March 18. This price is 14.5 cents higher than a month ago and 1.9 cents higher than a year ago.

Reasons for Price Increase

Petroleum analysis experts point to a combination of factors for the current fuel price surge. The rise in gasoline demand as more Americans hit the roads, the transition to summer-grade gasoline, and ongoing refinery maintenance nationwide are key contributors to the price hike.

While these seasonal factors are pushing gas prices up, experts suggest that consumers may see some relief in the coming weeks as refinery output increases.

Local Price Comparison

Based on GasBuddy price reports, the lowest-priced gas station in Asheville was selling gas at $2.92 per gallon on Sunday, March 17, while the highest-priced station was at $3.49 per gallon. In comparison, North Carolina’s lowest price on the same day was $2.29 per gallon, with the highest price at $3.89 per gallon.

Historical Gasoline Prices

Here’s a look at historical gasoline prices in Asheville compared to the national average over the past ten years, based on data from GasBuddy:

• March 18, 2023: $3.20/g (U.S. Average: $3.43/g)
• March 18, 2022: $4.13/g (U.S. Average: $4.27/g)
• March 18, 2021: $2.74/g (U.S. Average: $2.87/g)
• March 18, 2020: $2.26/g (U.S. Average: $2.16/g)
• March 18, 2019: $2.45/g (U.S. Average: $2.56/g)
• March 18, 2018: $2.52/g (U.S. Average: $2.54/g)
• March 18, 2017: $2.24/g (U.S. Average: $2.29/g)
• March 18, 2016: $1.92/g (U.S. Average: $1.98/g)
• March 18, 2015: $2.36/g (U.S. Average: $2.42/g)
• March 18, 2014: $3.40/g (U.S. Average: $3.52/g)

Visit GasBuddy.com for more detailed gas price data and the latest updates.

Staying Informed

Stay informed about gas price trends in Asheville and around the nation by following local sources and industry experts. Understanding the factors influencing fuel prices can help consumers make informed decisions about their travel and budgeting.

Monitoring gas price changes and industry insights is crucial during market fluctuations. By staying informed, individuals can better manage the impact of seasonal price shifts on their finances. Keep an eye on gas prices and plan refueling activities strategically to cope with rising costs.