Gas Price Increases Are Slowing Nationwide, AAA Says

The rate at which gas prices are increasing across the country is slowing. South Carolina’s $1.86 average is a penny more than a week ago, 21 cents more than a month ago and 38 cents less than a year ago. AAA reported that thirty states only saw an increase of a penny or two, causing the national average to push more expensive by three cents to $2.13 since last Monday. The slower rate can be tied to gasoline demand, which saw a small week-over-week decline and continues to be significantly lower (21%) compared to this week last year. Today’s national average is 19 cents more expensive than a month ago, but remains significantly cheaper – 53 cents – than a year ago.