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Gas prices decline for 4 weeks straight

Gas prices continue to drop in the Triangle and across North Carolina.

Posted Updated

By
Michelle Mackonochie
, WRAL anchor/reporter

Gas prices continue to drop in the Triangle and across North Carolina.

A new report released from Triple AAA at 3 a.m. Monday shows the average cost for a gallon of gas statewide dropped one cent overnight to $4.18.

It's a 13-cent decrease from one week ago, when the average was $4.31 and an even bigger change from one month ago, when prices topped $4.63.

Gas prices around the country continue to trend downward, and everyone’s noticing.

Andrea Masi is a mom and, for her, not driving is not an option.

"I have two children so I have to take them everywhere, so there’s not an option, I have to have gas," said Masi. ”I probably fill up once a week."

Winston Mathamba agrees.

”What are we gonna do, not drive? It’s a necessity," said Mathamba.

He fills up every week as well.

”I usually don’t let it get to where I need a full tank so a half a tank right now you see it’s about $50," said Mathamba.

Luckily, he has another option.

”We’re fortunate that we have a two-car household. We have a hybrid so we’re leaning on that car a little bit more just to adjust," said Mathamba. ”This is nice finally. It’s still high, but it’s so much better."

Masi said if gas prices increase again it’ll be bad for more than just local drivers.

”It would hurt a lot of people. It would hurt a lot of businesses too because people would cut back on a lot of things especially traveling, camping," zaid Masi.

Different factors like inflation and if we see any hurricanes could impact these falling prices.

Gas prices have been dropping for four weeks straight nationwide. Gas Buddy reports it's the longest decline in average prices since the beginning of the pandemic.

We spoke with local food truck owners about how that's affecting their bottom line.

Currently, North Carolina is the 9th cheapest state when it comes to gas prices, but analysts say prices could spike again in August with any disruptions to the supply chain, including a major hurricane.

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