Gas prices in South Carolina rise as conflict with Iran pushes oil prices higher

(WCIV) — The average price of gas in South Carolina and nation wide rose slightly in the past week, as oil prices continue to climb and the conflict with Iran develops.

According to GasBuddy’s survey of 3,028 stations in South Carolina, the average price of gas in South Carolina rose 2.4 cents per gallon in the last week, now averaging at approximately $2.86 at the pump as of Monday.

Data shows that these prices are 10.9 cents per gallon higher than a month ago but are overall 21.4 cents per gallon lower than a year ago.

GasBuddy price reports state that the cheapest station in South Carolina was priced at $2.44 per gallon Sunday while the most expensive was $3.29 per gallon, a difference of 85.0 cents per gallon.

The national average price of gas also experienced a slight rise at an increase of 9.7 cents per gallon in the last week, with an average of $3.18 per gallon at the pump Monday.

GasBuddy states that this national average is unchanged from a month ago and stands 23.3 cents per gallon lower than a year ago, according to data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“With Israel and Iran trading attacks over the past week, oil prices have continued to climb—and gasoline prices are following suit, rising at a pace we haven’t seen since last summer,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Few pumps have been immune, with nearly all states seeing gas prices rise over the last week. Now, with the U.S. launching attacks on Iran, oil prices are likely to continue trending higher. That said, I do not expect the apocalyptic spikes.”