This blog headline might seem like an oxymoron. Rarely have the words “gas prices” and “good news” been linked together of late.
Going to the pump generally has been a depressing venture, watching the numbers spin by in increasingly rapid succession.
But believe it or not, there’s good news on the gas front.
Prices are falling, and rather dramatically, thanks to the price of crude oil dropping. It closed on Friday at $81.30 a barrel on the NY exchange, down 1%.
The current national average for regular unleaded is $3.03 per gallon, but it’s a lot lower in many places.
According to Patrick DeHaan, senior petroleum analyst for GasBuddy.com, “You know, I wonder if gas stations will run out of 2’s to use on their signs because they can’t remember where they put them all… It’s been a long time since we’ve seen this many stations nationally under $3 per gallon — nearly four years. The best part is that Americans are saving a staggering amount of money — almost $110 million a day — versus what was being spent at the pump a year ago.”
“We’re quickly approaching 70,000 gas stations in the U.S. selling under $3 per gallon versus around 7,500 stations one year ago. But while prices will continue declining in most areas across the country, there is some bad news for motorists in the nation’s midsection — mainly the Plains states — but the issue may trickle over into a few neighboring states. There has been some supply tightness surrounding seasonal refinery work that’s causing wholesale prices in that region to rise. While the problem is temporary and may last a couple weeks, we want to inform motorists in that area that they may notice prices rising, but it is a short term problem, not a long term one. For motorists everywhere else, pump prices should continue to drift lower in the week ahead,” DeHaan explained.
As if you needed yet another reason to come to vacation in rental homes South Carolina – be they Isle of Palms vacation rentals or Folly Beach rentals Charleston – gas prices in the Palmetto State are generally among the lowest in the nation. Now’s a great time to stay in a Charleston beach house – not only are the fall rental rates lower, but you’ll also save on filling up at the pump.
As of Saturday, the average price in South Carolina for a gallon of regular unleaded was $2.80. That’s 33.6 cents lower than one year ago, and 27.8 cents per gallon lower than last month.
Here’s a link to AAA’s fuel gauge report, where you can check prices by state or market: http://www.fuelgaugereport.com/
GasBuddy has a pretty good smartphone app to download that helps you find the lowest gas prices wherever you are, if you have location services enabled on your smartphone or tablet.
If you are here staying in one of our SC vacation rentals, either our Isle of Palms luxury rentals or a Folly Beach house Charleston, you might want to download a local app, Live 5 News. It’s free, alerts you to local news and weather, and it has a particularly accurate lowest-gas-price-finder for the Charleston area.
Now’s a, all-around great time to be in one of our luxury beach house rentals SC, especially a luxury house on Isle of Palms. The weather is extraordinary…. temps in 70’s and 80’s, low humidity. There’s a lot of fall events going on that you can enjoy without bidding the beach adieu for the year.
So consider a fall visit to the Charleston area… and give us a call to find the best in beach house rentals Charleston SC.
your Isle of Palms vacation blogger