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Why is gas so expensive in North Carolina?
I don’t want to buy gas in North Carolina right now because the prices are insanely high. Is there a reason that gas is so expensive right now?
Liz Jenson · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The reason that gas is so expensive in
North Carolina
is the same reason that it’s so expensive everywhere else: there is a national gas shortage in the United States right now, caused partially by the war in Ukraine.Russia’s invasion of Ukraine caused some problems in the oil supply market, which was further disrupted when President Biden banned imported oil and gasoline from Russia. This supply issue created a classic economic problem: high demand and low supply. This caused the prices of gas to skyrocket.
Since gas is so expensive, why not take a minute to save on your
car insurance
instead? The Jerry
app can show you a list of policy quotes that work for you in minutes. The average user saves over $800 per year!View full answer
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