South Carolina gas prices drop slightly as national rates inch up, GasBuddy reports
(WCIV) — The average price of gas dropped minimally in the state in the last week according to GasBuddy’s survey of 3,028 stations in South Carolina.
While nationally gas prices rose slightly, as a price cycling state, the average price of gas fell 1.1 cents over the week and is now averaging at $2.76 per gallon Monday.
Prices in South Carolina are 8 cents per gallon lower than they were a month ago and stand overall 36.5 cents per gallon lower than a year ago.
GasBuddy price reports state that the cheapest station in South Carolina was priced at $2.39 per gallon Sunday while the most expensive was $3.62 per gallon, a stark difference of over a dollar.
Meanwhile the national average price of gasoline rose 0.9 cents per gallon in the last week, averaging at approximately $3.10 per gallon as of Monday.
Historical reports from GasBuddy state that the national average is down 6.5 cents per gallon from a month ago and is 37.5 cents per gallon lower than a year ago.
“Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we’ll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
