Call it an early Christmas present for South Carolina: gasoline prices continue to plummet in the state as the holiday season nears.
AAA Carolinas spokesman Tom Crosby says the price could drop below $3.00 a gallon during the holiday period in some parts of the state. Motorists can expect to find South Carolina’s cheapest gasoline in Spartanburg at $3.00 a gallon and the most expensive gas in Myrtle Beach at $3.07. For those traveling through South Carolina, the average price per gallon is 20 cents lower than in North Carolina.
AUDIO: Crosby says gas prices may drop below $3 a gallon in some areas of the state
Crosby says many factors are influencing the drop in gasoline prices, including the changing driving habits of consumers looking to cut expenses. He adds there is no doubt that the continued negotiating about the euro and the European countries’ debt is slicing into the demand for oil, which has worked to help drop gas prices here in the U.S.
Gas prices in the state are averaging 11.5 cents a gallon less than pre-Thanksgiving holiday prices. Crosby expects gas prices to remain stable or slightly decrease over the holidays due to a nationwide decline in demand and Congressional budget wrangling.
AUDIO: Crosby says many factors are working to lower the price of gas
Since both Christmas and New Year’s Day fall on consecutive Sundays, this year’s holiday travel season is longer than usual– extending from December 23 through January 2. Crosby says the number of South Carolinians traveling this year is expected to be up three percent from last Christmas.
AUDIO: Crosby says state highways will be slightly busier this holiday season
South Carolina’s gasoline prices have dropped 72 cents a gallon since peaking at nearly $3.76 on May 5.