Gas Prices in North Carolina Continue to Skyrocket Thanks to Trump

Raleigh, N.C.  – As the dangerous and costly war continues overseas, gas prices are continuing to skyrocket. In North Carolina, the average price of gas has risen to $3.32, up nearly 60 cents since the war began. Since last month, average gas prices in North Carolina have increased 21%, a significant jump in less than two weeks. It all adds up to another raid on the checkbooks of North Carolinians, thanks to Donald Trump and North Carolina Republicans’ continually worsening affordability crisis.

On the campaign trail, Donald Trump promised to “put America first” and lower energy costs, but instead, he is dragging the country into a dangerous and costly war that is sending gas prices through the roof across the country. Meanwhile, North Carolinians are already facing jumps in their utility bills after a brutal winter, and could face additional increases as Duke Energy requests rate hikes in the coming weeks. 

Republican lawmakers were already scrambling to do damage control as their energy policies sent utility bills soaring. Now they’re  frantically trying to find excuses for why Trump’s war is leaving their constituents with surging prices at the pump, the grocery store, on housing and health care, but don’t buy their spin.

The Raleigh News & Observer: Think NC gas prices are high? Be glad that you aren’t buying diesel

Analysts expect prices will continue to rise with growing uncertainty over world oil supplies. The war has brought shipping traffic to a halt through the Strait of Hormuz, the passage in and out of the Persian Gulf on Iran’s southern border where 20% of the world’s oil supply moves by ship. Traders are increasingly concerned about the possibility of supply disruptions, according to Patrick De Haan, head of petroleum analysis at the website GasBuddy.com.

WBTV: Gas prices surge in the Carolinas amid Iran conflict, near $3.25

Patrick De Haan, an analyst with GasBuddy, told CBS News some states could see another 20 to 50-cent increase per gallon this week. On Monday, the price of a barrel of oil briefly topped $100 for the first time since 2022.

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