The cost of a gallon of gas has dropped so sharply across North Carolina following Gov. Josh Stein's signing of House Bill 3 that the Tar Heel State is now home to the cheapest gas in the nation.
"Rising grocery, utility, and gas prices are making the costs too high for people across our state," said Stein in a news release on the bill's signing. "I am signing this bill to keep more money in people’s wallets, but this temporary relief is just one step. I remain committed to continuing to work with anyone who wants to make everyday living more affordable all year long – not just during election season."
Following the signing of the "Relief at the Pump" law, an Oct. 15 report from the American Automobile Association confirmed that North Carolina
is now home to the cheapest gas in the nation. Here's how much fuel costs in the state and just how long relief measures will last.
Why did gas prices drop so much in North Carolina?
On Friday, Oct. 9, Stein signed N.C.'s House Bill 3, also known as the "Relief at the Pump" bill, into law. The law temporarily eliminates the state's motor fuel tax, replacing the lost revenue with reserve funds. HB 3 made gas 41 cents cheaper by the gallon in the state through Nov. 30.
What is the average price of gas in North Carolina? In the U.S.?
In North Carolina on Oct. 19, the average price for regular gas was $3.61 per gallon, according to AAA. The average price of regular gas countrywide was $4.295 per gallon.
What are gas prices like in Asheville, Western NC?
In the Asheville area, the average price for a gallon of regular gas was $3.73 as of Oct. 19, according to AAA. One month ago on the same date, before the bill's signing, the price was $4.173.
Where are the lowest gas prices in NC? Highest gas prices in NC?
The Goldsboro area ranked lowest for gas prices in the state on Oct. 19, with the average cost for a gallon of regular gas placed at $3.453. The Norfolk-Virginia Beach-Newport News area was home to the highest prices, with an average of $3.745 per gallon.
What states have the highest gas prices?
As of an Oct. 15 AAA report, the five most expensive gas markets in the U.S. included:
- No. 1 - California ($6.23)
- No. 2 - Hawaii ($5.63)
- No. 3 - Washington ($5.42)
- No. 4 - Nevada ($5.42)
- No. 5 - Oregon ($4.97)
What states have the lowest gas prices? Does North Carolina have the cheapest gas in the U.S.?
Following the passing of HB 3, North Carolina is officially the state with the cheapest gas prices in the U.S. The nation's least expensive gas can be found in the following states:
- No. 46 - Indiana ($3.89)
- No. 47 - Tennessee ($3.88)
- No. 48 - Texas ($3.83)
- No. 49 - Georgia ($3.77)
- No. 50 - North Carolina ($3.70)
Iris Seaton is the trending news reporter for the Asheville Citizen Times, part of the USA TODAY Network. Reach her at iseaton@citizentimes.com.
This article originally appeared on Asheville Citizen Times: North Carolina is now home to the cheapest gas in the U.S.













