Good news at the pump if you are hitting the road for vacation.
Your Summer road trip may be a little less expensive this year with current Summer gas prices at their lowest in four years.
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.
U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for financial markets after Wall Street’s worries about Israel’s fighting with Iran had seemed to calm a bit on Monday.
Israel’s attack on Iran has introduced significant volatility into the oil market.
There’s good news for the projected 39.4 Americans expected to hit the road this Memorial Day.
The average price of gas in South Carolina has fallen in the past week despite oil prices jumping more than $4 per barrel, according to GasBuddy’s survey of 3,028 gas stations in South Carolina.
The average price of gas in South Carolina has risen as of Sunday, breaking a weeks long trend of steadily declining prices, according to GasBuddy’s survey of 3,028 stations in South Carolina.
Gas prices are down slightly since January amid fears of a possible recession.
The Average price of gas in South Carolina dropped for the second week in a row, with prices nationally appearing to be the lowest since March 2021.
