SC gas prices rise over previous week, experts eye Mid-East crisis

CHARLESTON, S.C. (WCSC) – Gas prices in South Carolina were four cents higher last week than the week before amid the threat of Iran’s attack on Israel over the weekend.

The average price for a gallon of gas statewide was $3.24 per gallon, eight cents higher than a month ago, but 13.3 cents lower than one year ago, according to GasBuddy, which surveys thousands of gas stations each week.

The cheapest gas in the state sold for $2.87 per gallon, while the most expensive was nearly a dollar per gallon higher at $3.79.

The lowest price for gas in the Tri-County area as of Monday morning was $2.99, listed at three stations in Charleston and one in North Charleston.

Click here to find the cheapest gas near your location.

Patrick De Haan, the head of petroleum analysis at GasBuddy, said that with Iran’s attack on Israel over the weekend, the stakes couldn’t have been higher for a major impact on oil and gas prices.

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“With the attacks largely thrarwted and mostly unsuccessful, and with Iran signaling that their attack will be the end of their response, the risk to crude oil has diminished, and the situation is thankfully likely to de-escalate going forward,” De Haan said. “If Israel, which has promised to respond with further attacks, indeed does press on, it could certainly still push oil prices higher.”

The national average price for gas rose 3.1 cents over the past week, averaging $3.60. That price is 14.2 cents higher than a month ago but 5.5 cents lower than one year ago.

The national average price for diesel fuel dropped 1.2 cents in the last week to an average of $4.01 per gallon.

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