HOW LOW WILL THEY GO?
With the price of a barrel of crude oil trading below $28 – a twelve-year low – it’s not surprising that the price of gasoline continues to decline precipitously.
According to the AAA Daily Fuel Gauge report, the average price for a gallon of regular unleaded gasoline in the United States currently stands at $1.87. In South Carolina, it’s $1.65 – one of the five lowest rates in the nation.
As you can see from the chart below, prices are down more than eighty cents from their 2015 peaks.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
I am hoping they continue to plummet. While people say its a sign of a bad economy, I like having the massive savings at the gas pump. Sorry if that's selfish, but it does give me more disposable income!
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