Gas prices fall less than a cent over weekend - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Gas prices fall less than a cent over weekend

Posted: Updated:

COLUMBIA, S.C. (WCIV) -- Retail prices of gasoline have fallen less than a cent over the past week, GasBuddy reported Monday.

According to the price monitoring group, average prices in South Carolina were $3.18 per gallon on Sunday. The national average is $3.26 per gallon.

"The holiday buzz is wearing off and wholesale gasoline prices have fizzled. It appears that this year there will be little change in gas prices between Christmas and mid-January, something that has only happened one out of the last seven years," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Gasoline inventories have rebounded sharply in the past several weeks, certainly a major factor behind the relatively stable gasoline prices. It's hard for prices to rally with the monster increases in supply we've been seeing."

According to GasBuddy, prices are 3.1 cents per gallon lower than the same day a year ago and 15.5 cents higher than one month ago. 

Powered by WorldNow

ABCNews4 WCIV-TV

888 Allbritton Dr.
Mt. Pleasant, SC 29464
843-881-4444 | Advertising Information

Public Information File

For assistance with accessing WCIV-TV's public information file, click here.

Advertising

Advertising Credit Application and Terms and Conditions PDF.

Powered by WorldNow
All content Copyright © 2014 WCIV and Worldnow. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.