South Carolina gas prices fall, Hurricane Sandy leaves uncertainty

Published: October 29, 2012 

South Carolina’s gas prices continue to decrease and fell by 13.4 cents per gallon last week to average $3.22 on Sunday, which is more than the national average that decreased 9.6 cents to $3.56 per gallon, according to gasoline price website SouthCarolinaGasPrices.com.

“With Hurricane Sandy headed for East Coast, there are a number of uncertainties in regards to the impact at the pump for various fuels,” said Patrick DeHaan, GasBuddy.com senior petroleum analyst. “There is very little to look back at history and compare this storm to, and so far, it remains to be seen exactly how gasoline and diesel prices will be impacted. For motorists west of the Mississippi, there may be little change in prices because of the storm, but as you head east, especially in the states to be highly impacted, there may be disruptions at various levels. However, any disruptions in supply may be offset by area-wide shutdowns of business, leading to curtailed demand for fuel. We will certainly be keeping everyone up-to-date on the GasBuddy blog throughout the storm.”

Including the change in gas prices in South Carolina during the past week, prices on Sunday were 2.3 cents per gallon higher than the same day a year ago and are 25.6 cents per gallon lower than a month ago. The national average has decreased 23.1 cents per gallon during the last month and is 10.2 cents per gallon higher than a year ago.

Contact TONYA ROOT at 444-1723.

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