SC Enjoys Falling Gas Prices Over the Holiday Season
Staff Report From South Carolina CEO
Tuesday, December 18th, 2018
Gas prices continue to fall across the Carolinas as we gear up for the holiday season. A record-breaking 4.25 Carolinians plan to take advantage of these low prices and drive to their holiday destinations this year.
“Motorists are getting a gift this holiday in the form of relief at the pump,” said Tiffany Wright, AAA Carolinas spokesperson. “This may be a factor in the boost of travelers choosing to drive this year.”
North Carolina’s $2.26 average is the cheapest it has been since August of 2017 and the lowest December price the state has seen since December of 2016. South Carolina’s $2.02 average is the lowest it has been since August of 2017 as well and the cheapest December price since December of 2016.
The national average of $2.37 is a nickel less than last week, 26-cents less than last month and six-cents less than a year ago. With gasoline production on the high side – 10 million b/d - amid low demand, motorists can expect gas prices to continue declining through year-end.