AAA: Week After Week, Gas Prices Tick Upward

Last Updated on May 2, 2018 6:29 am

CHARLOTTE, N.C.  – Gas prices continue to climb in the Carolinas. North Carolina’s current average is $2.67, a 4-cent increase on the week and a 19-cent increase on the month. South Carolina’s average is $2.54, a 5-cent increase on the week and a 15-cent increase on the month.The Energy Information Administration’s (EIA) latest data registers consumer gasoline demand at 9.857 million b/d. That is the highest level ever on record for the month of April and exceeds typical summer demand measurements. As demand skyrockets, gas prices increased across the country on the week – with the national average ticking up a nickel to $2.78.

“Demand is exceptionally high for this time of year at the pumps – the highest ever seen for the month of April,” said Tiffany Wright, AAA Carolinas spokesperson. “While we hope we won’t hit the $3 mark, we continue to see prices go up each week and we haven’t even started the summer driving season yet.”

 “If they haven’t already, gas prices will most likely hit their peak within the next couple of weeks barring any unforeseen circumstances such as a natural disaster or growing geopolitical tensions which could cause prices to surge,” added Wright.
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