Rising gas prices slow in Greenville - FOX Carolina 21

Rising gas prices slow in Greenville

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A driver fills the gas tank of his vehicle at a station in Greenville. (File/FOX Carolina) A driver fills the gas tank of his vehicle at a station in Greenville. (File/FOX Carolina)
GREENVILLE, SC (FOX Carolina) -

The rate of rising gas prices in Greenville have slowed during the past week, according to GasBuddy.com.

The price-tracking website reported Monday that the average cost for a gallon of gas in the Greenville area was at $3.29 - up less than a penny from last week. The local price was 26 cents lower than the national average.

Locally, the price was 14.9 cents more than last month, but a nickel less than last year. Nationally, the price was 28.2 cents higher than last month, and 7.2 cents higher than last year.

GasBuddy.com Senior Petroleum Analyst Greg Laskoski said last week's blizzard in the Northeast has slowed the rate of increase.

"If anything positive came about as a result of winter storm Nemo it may be that the resulting 'demand destruction' seems to have flattened out the rate at which prices had been increasing in the Northeast and the Midwest too," Laskoski said.

AAA reported the average cost for a gallon of gas was at $3.34 in South Carolina, $3.52 in North Carolina and $3.47 in Georgia.

Hawaii had the nation's most expensive gas, while Wyoming had the nation's cheapest, according to GasBuddy.com.

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