SC gas prices fall nearly 2 cents

COLUMBIA, S.C. (WCIV) -- Average retail gas prices across the state dropped nearly 2 cents over the last week to a price of $3.42 per gallon.


to, national prices rose by 1.2 cents in the last week to $3.64 per gallon.

"It's been another relatively quiet week across most of the country with the national average fluctuating little," said Senior Petroleum Analyst Patrick DeHaan. "Some hot spots have emerged -- specifically areas of the Great Lakes where prices last week shot within just a tenth of a penny of $4 per gallon. While that has led Great Lakes and Midwest markets higher, I don't believe the higher prices are sustainable much longer."

Including the change in gas prices in South Carolina during the past week, prices on Sunday were 24.2 cents per gallon higher than the same day one year ago and are 6.0 cents per gallon lower than a month ago.

The national average has decreased 0.3 cents per gallon during the last month and stands 0.6 cents per gallon higher than one year ago.

"In many areas that saw large jumps last week we're already seeing relief. For the rest of the country, this week will likely feature little movement as wholesale gasoline prices continue in their funk and as we await the 'traditional' decline of wholesale prices to start the summer driving season," DeHaan said.

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