Two months ago gas prices in South Carolina were spiking … rising nearly 25 cents per gallon in less than a week.
Since then, though, the needle has been moving in the opposite direction – a small measure of relief for Palmetto State drivers who spend a disproportionately high percentage of their income on fuel costs.
According to the AAA Fuel Gauge Report, the average price for a gallon of regular unleaded gasoline in South Carolina is currently $3.29 – an 18-cent drop from when we checked the figure last month. That’s the lowest figure in the nation – and well below the national average of $3.51.
Of course before anyone starts celebrating, it’s important to remember South Carolinians have some of the lowest income levels in the country – meaning we pay more for gas than the residents of every other state (save Mississippi).
In spite of this, “Republicans” in the S.C. General Assembly want to impose a massive 30 percent increase in the state’s gas tax – and then lock in annual tax hikes moving forward.
Naturally we oppose this effort … and support efforts to cut the tax instead.