Will gas prices ever stop going up or is this the new norm? Unrest in the middle east seems to be fueling the recent surge in gas prices. The price for gas has already reached a 30-year high for March, and if they continue to rise as the busy summer season approaches, we could be looking at $4 per gallon that we had just after Hurricane Katrina in 2008. The average retail gasoline prices in Charlotte have risen 5.7 cents per gallon in the past week, averaging $3.64/g Sunday according to CharlotteGasPrices.com. This compares with the national average that has increased 7.4 cents per gallon in the last week to $3.64/g.
Including the change in gas prices in Charlotte during the past week, prices Sunday were 89.6 cents per gallon higher than the same day one year ago and are 15.6 cents per gallon higher than a month ago. The national average has increased 17.6 cents per gallon during the last month and stands 79.3 cents per gallon higher than this day one year ago.