Gasoline prices in South Carolina fell another 4.1 cents during the past week to an average of $1.96 per gallon, the lowest in the nation and the only state under $2 a gallon.
The price of gas is about $1.18 less than this time last year and 23 cents lower than one month ago, according to gas price service GasBuddy’s survey of more than 3,000 gas outlets in the Palmetto State.
By comparison, the national average for a gallon of gasoline fell 6.1 cents last week to $2.39 a gallon. That’s about $1.04 less than this time last year and about 20 cents lower than one month ago.
“Not only did Labor Day weekend see millions of Americans take to the road and spend far less than they did last year at the pump, but a growing number of them were able to fill up at under $2 per gallon for the summer’s last hurrah,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “Better than one in 10 stations in the country now offer gasoline prices at $1.99 per gallon or less, and gas prices in 48 of the nation’s 50 states fell in the run-up to the holiday itself, showing that holidays aren’t always a catalyst for price increases.”
GasBuddy expects prices to continue moving lower, with a projection by Christmas of less than $2 per gallon nationally, if not earlier, DeHaan said.
In South Carolina, the lowest average gasoline prices can be found in tourist mecca Myrtle Beach at $1.91 a gallon, according to motor club AAA’s Daily Fuel Gauge Report. The highest prices can be found in the Charleston-North Charleston market at an average $1.98 per gallon.
Reach Warren L. Wise at 843-937-5524.