Charleston, South Carolina – Due to the lower demand for gas lately, gas prices are declining nationwide and that trend is also seen in South Carolina.
Per the latest data issued by AAA, average cost of a gallon of regular gas is $4.90 Saturday in South Carolina which is 8 cents cheaper than one week ago. Compared to June 14 when the average price of a gallon of gas was selling at a record high of $5.02, South Carolinians on Saturday were paying 12 cents less.
AAA said that the declining trend is seen in every single state across the country. South Carolina is one of 10 states with the largest decreases in the average cost.
Per the available data, the southern states in general have lower gas prices compared to the northern states.
Industry experts, however, said in multiple occasions they expect to see high gas prices in the upcoming months. Currently, there are no clear indicators that gas prices will go significantly down anytime soon.