Gasoline price in S.C. remains lowest in nation

Gasoline prices fell another 6 cents in South Carolina last week and remain the lowest in the nation.

The price to fill up with gasoline got a little less expensive last week in South Carolina and remains the lowest in the nation.

The average price for a gallon of gasoline dropped 6 cents last week to about $2.08 a gallon on Sunday, according to fuel price gauger GasBuddy’s daily survey of more than 3,000 gas outlets in the Palmetto State.

The price is down $1.24 per gallon from one year ago and nearly 6 cents from one month ago.

Nationally, the price of gas fell 3 cents per gallon last week to $2.39 a gallon, according to gasoline price website GasBuddy.com. That’s down nearly $1.19 from one year ago and 7.3 cents during the past month.

“Motorists have seen a quiet week at the pump with gasoline prices in much of the country in gentle decline,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “The current downward trend in the national average bucks what we were seeing a year ago when gasoline prices were in an upward trend, and what we’re seeing with prices remaining relatively low should boost motorists’ confidence as the summer driving season nears.”

DeHaan reiterated earlier expectations that gasoline prices will be at their lowest levels this summer since 2010.

Most areas will see prices at least $1 per gallon under where they were last summer,” he said.

Some gas price increases may begin showing up in the Northeast where summer blends and reformulated gasolines are beginning to hit retail outlets, though the pain there may not be as bad as what was expected last week, DeHaan said.

He attributed some of the decline in gasoline prices to optimism over the Iran nuclear agreement.

The Charleston-North Charleston area continues to post the highest gasoline price in South Carolina at an average of $2.11 a gallon, according to AAA’s Fuel Gauge Report. Myrtle Beach reported the lowest price at $2.05.

California has the most expensive gasoline in the nation at $3.15 a gallon.

Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.