Gas prices show slight decline in South Carolina: Gasbuddy report

Generic gas prices picture

File photo

(WCIV) — Average gas prices in South Carolina have fallen 1.9 cents per gallon in the last week. The average price for a gallon of gas in the Palmetto State is $3.21, according to Gasbuddy’s survey of 3,028 gas stations in the state.

These prices are 4.6 cents per gallon higher than a month ago, and 0.9 cents per gallon higher than a year ago, Gasbuddy said.

The cheapest gas in the state was at a station that had gas priced at $2.93 per gallon Sunday. The most expensive gas in the state was priced at $3.79, according to the report.

Nationally, the average price of gas has also fallen 1.9 cents per gallon. The national average price is $3.63 per gallon Monday.

Gasbudddy said the national average is 8.4 cents per gallon higher than a month ago, and 4.3 cents per gallon higher than a year ago.

“With more confidence every day, it appears the spring top is in: average gas prices have started to cool off in many areas. For now, few Americans need to worry that gas prices are going to skyrocket; the risk appears to be behind us, with relief coming in the weeks ahead,” Patrick De Haan, head of petroleum analysis at GasBuddy, said. “While the latter half of the summer could potentially see hurricane-related issues, I do sense we’ve hit the top for now, and Americans should be optimistic that this summer will be very similar to last year, in line with our early 2024 expectations and likely not featuring record gasoline prices. I’m quite excited the seasonal rise in gas prices appears to be over.”