Gas Prices On The Decline For The First Time In 2018

CHARLOTTE, N.C –  Gas prices in the Carolinas have decreased for the first time week-over-week this year. Prices have gone down four cents in North Carolina in the past week, with today’s average hitting $2.45. Prices have dropped three cents in South Carolina over the last seven days, with today’s average hitting $2.33. South Carolina remains one of the top ten cheapest states for gasoline in the nation.

Prices have declined on the national level as well. Today’s national average, $2.58, is 3 cents less than last week, 6 cents more than a month ago and 30 cents more than a year ago. Motorists can find gas for $2.50 or less at 53 percent of gas stations across the country.

“At this time, it is too early to tell if the price drop signals a long-term trend of lower prices,” said AAA spokesperson Tiffany Wright. “With consumer demand still high and spring travel just around the corner, prices could remain stagnant or slightly increase.”