HomeSouth CarolinaSlight decrease in gas prices in South Carolina

Slight decrease in gas prices in South Carolina

South Carolina – In South Carolina, the cost of gas is still more than $3 for every gallon, even though the prices dropped a little bit this week as South Carolina drivers continue to feel the pressure on their budgets. GasBuddy’s latest data shows that the average gas price fell slightly to $3.15 per gallon, which is 2.3 cents less than the week before. But this small drop doesn’t make a big difference because gas prices are still 12 cents more expensive than last month and 2.2 cents more than last year.

Gas prices vary a lot in South Carolina. The cheapest gas station is selling it for $2.64 per gallon, and the most expensive one is charging $4.8 per gallon. The difference between the cheapest and most expensive gas station in Palmetto State us $1.85.

Nationally, the average price for gas hasn’t changed from last week and stays at $3.51 per gallon. But if we compare it to last month, it’s 16.1 cents more expensive. And compared to the same time last year, it’s just a bit (0.9 cents) more expensive. This information comes from analyzing over 11 million prices at more than 150,000 gas stations every week. It gives us a good look at what’s happening with gas prices all over the United States.

Patrick De Haan, head of petroleum analysis at GasBuddy, shared insights into the current state of gas prices

“No April Fools’ joke: the national average price of gasoline has finally slowed a bit after four weeks of notable increases, stalling in the mid-$3.50s for the last week or two, while the average for diesel fell back below $4 per gallon—not a bad week for motorists as rising demand would normally put solid upward pressure on prices,” Patrick De Haan, head of petroleum analysis at GasBuddy, said.

Read also: Columbia International Festival is taking place this weekend at the South Carolina State Fairgrounds

De Haan further explained that drivers in some regions should be cautions, especially those in the Mid-Atlantic and Northeast, as the transition to summer gasoline is not yet complete in these regions, potentially leading to higher prices in the coming weeks. For the rest of the nation, barring any unforeseen circumstances, we might be nearing a peak in gas prices.

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