Gas Prices Expected to Continue to Fall |
Written by Bruce Ferrell
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Saturday, 18 October 2014 09:15 |
RALEIGH -- The current slide in gas prices has even surprised those who watch these things for a living.
Tiffany Wright with Triple A Carolinas says they expected a tumble at the pump this fall, but it has been faster and deeper than predicted.
"Right now we are at 21 cents less than we were paying a month ago, and these prices are just continuing to fall at the pump."
South Carolina's statewide average has already dropped below $3 a gallon and Wright says North Carolina should see that same number before Thanksgiving. Wright cites lower demand, full refinery capacity, and increased domestic production as factors behind the drop.
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Last Updated on Sunday, 19 October 2014 15:34 |