Gas prices in South Carolina rise 4.3 cents, matching national trends
The average price of gas in South Carolina rose in the past week, as the Lowcountry prepared for potential effects caused by now tropical storm Imelda. (Photo credit: WLOS Staff)
(WCIV) — The average price of gas in South Carolina rose in the past week, matching prices nationally, and spoiling the highly favored drop below $3 that was experienced nationally.
Gas Prices in South Carolina rose 4.3 cents per gallon in the past week, averaging at approximately $2.68 per gallon Monday, according to GasBuddy’s survey of 3,028 stations in South Carolina.
Despite the rise in prices, as of Monday, these prices are 11.6 cents per gallon lower than a month ago and are 4.3 cents per gallon lower than a year ago.
According to GasBuddy price reports, the cheapest station in South Carolina was priced at $2.36 per gallon Sunday while the most expensive was $3.54 per gallon, a difference of $1.18 per gallon.
Meanwhile the national average price of gas rose 2.5 cents in the last week, which though minimal, brings the average price of gas up to $3 per gallon Monday.
The national average is still down 10.8 cents per gallon from a month ago and is 7.4 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
“While the spike in prices in affected areas was significant, relief is likely in the weeks ahead as the situation stabilizes. For now, the possibility of a U.S.-China trade deal could lift oil prices on optimism that it would increase trade and reduce tariffs—potentially keeping the national average slightly above the $3-per-gallon mark for a couple more weeks before slipping back below $3 ahead of Thanksgiving,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
