Tuesday - November 26, 2024
Gas Prices Expected to Continue to Fall
Written by Bruce Ferrell   
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.

Last Updated on Sunday, 19 October 2014 15:34
 
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