Myrtle Beach Gas Prices on the Rise Just in Time for the Holidays!

News Summary

Myrtle Beach is experiencing a significant increase in gas prices, with an average of $2.72 per gallon, up by 8.7 cents in the past week. This rise coincides with the holiday travel season, as millions prepare for road trips. While prices are slightly higher than last month, they remain lower compared to last year. Travelers are encouraged to shop around for the best deals, as prices can vary from $2.55 to $2.99 per gallon in the area. Meanwhile, national averages are climbing as holiday travel intensifies.

Myrtle Beach Gas Prices on the Rise Just in Time for the Holidays!

If you’re gearing up for a holiday road trip, you might want to fill up your tank sooner rather than later! As of Monday morning, gas prices in Myrtle Beach have climbed by 8.7 cents per gallon over the past week, settling at an average of $2.72. This number matches the average gas price across the entire state of South Carolina, according to the latest figures.

A Closer Look at the Numbers

To put things into perspective, that $2.72 average is a tad higher, by 9.5 cents, than what we saw just one month ago. However, it’s a nice little perk for your wallet as prices are down 10.6 cents compared to the same time last year. It’s always good to keep an eye on how prices fluctuate, especially when making those holiday travel plans!

For those on the hunt for the best deals in town, the cheapest gas station in Myrtle Beach is offering prices as low as $2.55 per gallon. On the flip side, expect to pay up to $2.99 at the most expensive stations. It definitely pays to shop around before you fill up!

National Trends: What’s Happening Elsewhere?

$3.01 a gallon this week. It’s interesting to note that a record 119 million people are expected to travel during the busy holiday season, with the vast majority — around 107 million of those travelers — hitting the road. So if you’re one of the many foreseeing a festive getaway, make sure to keep these rising gas prices in mind!

In South Carolina specifically, the average gas price seems to be inching higher, now sitting at $2.80 per gallon after a 4.2-cent bump this past week. Just to the north in North Carolina, prices are averaging $2.89 per gallon, a slight rise of 1 cent from the previous week. Now is the time to keep your fuel budget in check!

Long-term Trends in Gas Consumption

276,300 gallons daily. In 2021, residents were purchasing about 6.9 million gallons of gas each day, marking a 3.9% decline since 2016. This drop can be traced back to a few factors, including more remote work opportunities, innovations in fuel efficiency, and the growing appeal of electric vehicles.

$4.54 per gallon, while California follows closely behind at $4.31. If you’re looking for a bargain, head over to places like Oklahoma ($2.58), Mississippi ($2.60), or Arkansas ($2.66) where the fill-up won’t break the bank!

Final Thoughts

21.2 million fewer gallons of gas daily compared to 2016, thanks in part to lifestyle changes influenced by the pandemic. And despite regional differences, where Southern states often consume more gas than the Northeast and West, it’s clear that planning ahead can save you both time and money.