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SC’s average gas price drops below $3 for the first time in over three years

gas prices funnyThe average price in South Carolina for a gallon of regular unleaded gas is $2.97. That is eight cents lower than a week ago, and the downward trend is expected to continue, according to AAA Carolinas.

South Carolina motorists are paying 14 cents less per gallon than on the same day a year ago and 16 cents less than a month ago.

“It’s great to see motorists in the Carolinas drive away from the gas pump with more money in their wallets,” said David E. Parsons, president and CEO of AAA Carolinas. “Travelers hitting the road for the Thanksgiving holiday could be enjoying even lower prices at the pump than we’ve seen in recent years.”

Today’s average gas price in South Carolina is also 48 cents cheaper than it was on Memorial Day. Gas prices typically decline from September through early winter due to a declining demand, as people drive less during the cooler months. Less expensive crude prices, abundant supplies, combined with a cheaper winter-blend fuel blend, should keep prices declining in the Carolinas.

Neighboring North Carolina’s average price for a gallon of gas is $3.16, a 15 cents drop than a month ago, putting the Tar Heel state in line to hit below three dollars per gallon by Thanksgiving.

South Carolina joins Oklahoma, Tennessee, Minnesota, Missouri and Mississippi as the only states currently averaging below three dollars for a gallon of gas.

The Greenville-Spartanburg area has the state’s lowest average price for a gallon of gas at $2.92; Charleston is the highest at $3.02.

The national average dropped 21 cents in one month. Today’s national average is $3.19.

To locate stations selling the cheapest gas motorists can use AAA’s new “Fuel Price Finder” at AAA.com/Gas. The free AAA Mobile app for iPhone and Android devices uses GPS navigation to help travelers map a route, find updated gas prices, view nearby member discounts and access AAA Roadside Assistance.

Nikki Gaskins Campbell
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