Well, Myrtle Beach, it looks like the holiday cheer is going to cost you a little more at the pump! With Thanksgiving now behind us, gas prices in our sunny coastal city have recently *bounced back up*, and it’s something to be aware of as we dive into the holiday shopping season.
According to the latest figures from GasBuddy, the price of gas has gone up by a noticeable 10 cents over the past week, with the average price standing at a lively $2.68 per gallon. Now, before you panic, remember this is still 4.8 cents lower than what we were paying around this time last month, so it’s not all bad news!
If you’re looking to save a few bucks at the pump, you might want to head over to the cheapest station in town, where you can fill up for just $2.55 a gallon. Meanwhile, the priciest spot in Myrtle Beach is charging $2.89, so keep that in mind while you’re filling up your tanks.
In terms of state averages, South Carolina is seeing its own ups and downs. Gas prices across the Palmetto State are currently averaging $2.71 a gallon, which is down 2.5 cents from the previous week. Meanwhile, in neighboring North Carolina, prices are averaging $2.82 after a slight dip of 0.9 cents.
So, what’s behind this uptick in Myrtle Beach? Well, millions of travelers hit the roads over Thanksgiving, and it seems that many regions experienced their own price fluctuations during this travel rush. Patrick De Haan, head of petroleum analysis at GasBuddy, noted, “While some regions saw gas prices rise just in time for travel, most of the nation saw prices hold mostly stable or decline slightly.”
In the midst of these changes, the national average gas price remains close to the lowest level we’ve seen since the start of 2021. A sign that many drivers are still enjoying the fruits of lower costs at the pump!
As we look ahead, it’s predicted that gas prices will likely see slight drops in most areas. With over 100,000 gas stations across the country offering prices at $2.99 or less per gallon, this trend could potentially stick around for the holiday shopping season. However, it’s good to keep an eye on the upcoming OPEC+ meeting, as any changes in oil production could impact prices further.
Watch for these developments closely! Should OPEC decide to restore oil production, we could see oil prices soften to the mid-$60s, which might reflect positively at the gas stations!
We all know gas prices can be unpredictable, but by staying alert and informed, you can try to save a few dollars. As always, be sure to keep an eye on those pump prices, and happy driving during this busy holiday season!
So there you have it, Myrtle Beach! As you plan your Christmas shopping or any winter road trips, just remember to fill up smartly and keep those eyes peeled for better deals at the pump!
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