South-Carolina
South Carolina First State to See Average Gas Price Drop Below $4 Per Gallon
South Carolina grew to become the primary state to have its common gasoline worth drop under $4 per gallon, in line with knowledge from AAA.
South Carolina’s common dipped to $3.99 on July 19, with the subsequent lowest states being Texas ($4.00), Georgia ($4.01), Mississippi ($4.03), Louisiana ($4.06) and Tennessee ($4.08).
The nationwide common is $4.50.
“World financial headwinds are pushing oil costs decrease and cheaper oil results in decrease pump costs,” stated Andrew Gross, AAA spokesperson. “And right here at dwelling, persons are fueling up much less, regardless of this being the peak of the standard summer season driving season. These two key elements are behind the latest drop in pump costs.”
The common worth is down from a excessive of $4.61 on June 12 and $4.16 on July 11, whereas the typical worth within the state was $2.91 a yr in the past.
The common worth in Charleston was $4.08 on July 19, whereas it was $3.88 in Columbia, $3.92 in Greenville, $3.97 in Myrtle Seashore and $4.27 within the Hilton Head/Blufton space.
Fuel Buddy analyst Patrick De Haan tweeted that his firm’s knowledge confirmed South Carolina as the primary with a mean below $4 on July 17, with Texas going under the quantity July 18.
“We’ve seen the nationwide common worth of gasoline decline for a fifth straight week, with the tempo of latest declines accelerating to a few of the most vital we’ve seen in years,” De Haan wrote. “This pattern is more likely to attain a sixth straight week, with costs more likely to fall once more this week. Barring main hurricanes, outages or surprising disruptions, I forecast the nationwide common to fall to $3.99/gal by mid-August.”
South Carolina has the bottom common worth of gasoline within the nation regardless of…