Gas prices in South Carolina with slight drop while national average increases

Charleston, South Carolina – Gas prices in South Carolina slightly dropped while the national average gas prices increased.

According to GasBuddy’s report on Monday, prices in Palmetto State dropped by 1.9¢ in the last week. The average price in the state is now $2.77.

Meanwhile, national average gas prices slightly increased and the national average price now is $3.07. National average rose 1.6¢ per gallon in the last week.

“We’ve seen the national average gas price continue to inch higher as oil prices have reached $71 per barrel, the highest since 2018, as gasoline demand continues to rebound,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Strong gasoline demand as states and cities reopen will likely continue to be a major factor keeping gas prices elevated even as oil production climbs in the months ahead. With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future. Motorists can continue to fight the high gas prices by remembering to shop around each time they get below half a tank.”

Compared to May, prices in South Carolina are down for 7.9¢ per gallon. Compared to same period last year, South Carolinians now pay 93.3¢ per gallon more.