SOUTH CAROLINA’S PRICES LOWEST IN THE NATION
For the second consecutive month, gas prices in South Carolina have fallen dramatically.
According to the AAA Daily Fuel Gauge Report, the average price for a gallon of regular unleaded gasoline in the Palmetto State is currently $3.09 – the lowest price in the entire nation. That figure represents a whopping 34-cent drop from last month’s average and a 63-cent decline from 2012′s peak prices. Nationally, the average price for a gallon of regular unleaded gas is currently $3.53 – a 19-cent drop from the previous month.
Obviously these falling prices are great news – particularly when you consider that many industry experts were predicting gas prices to top the $4.00 per gallon mark this summer. It’s also especially encouraging to see that South Carolina’s declines have outpaced declines in other states. That will not only make things easier on our citizens, it should incentivize tourism – or at the very least not serve as a disincentive (and this is a make-or-break year for our state’s tourism industry).
When we checked gas prices back in January, at least a dozen states had cheaper gas than the Palmetto State. Five months later, South Carolina has its nearest competitor beat by nearly a dime.
Let’s hope this trend continues as our state’s citizens clearly need every dime they can get their hands on …