Gas Prices Hold Steady Through Holiday Weekend as Crude Price Plunges
Staff Report From South Carolina CEO
Wednesday, May 30th, 2018
Over the long holiday weekend, the national gas price average has held steady for five days at $2.97, signaling that prices may be stabilizing as we head into June. This development comes as crude oil prices start to fall following some of the highest prices in three-years.
Prices could be stabilizing across parts of the Carolinas as well. North Carolina’s average of $2.79 is only a two-cent increase on the week and South Carolina’s average of $2.64 has leveled off to the exact same price as it was a week ago.
“This is the first time we’ve seen some weekly differences in the negatives in a long time,” said Tiffany Wright, AAA Carolinas spokesperson. “Although some metro areas have still seen an increase, that increase has been minimal for the most part.”
Below is a breakdown of the price changes by metro area: