Gas prices are down again in Greenville - FOX Carolina 21

Gas prices are down again in Greenville

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GREENVILLE, SC (FOX Carolina) -

Gas prices in Greenville have fallen once again, according to the gas price website GasBuddy.com.

The average retail price for a gallon of gasoline in Greenville is down to $3.04, which is a 2.7 cent drop from last week, according to GasBuddy.

The site says that this most recent drop in price makes the price 11 cents per gallon cheaper than last month.

The national average for a gallon has dropped 0.5 cents over the last week and is now at $3.49 a gallon, the site reports.

"After blaming higher gasoline prices on refineries for much of the early spring and summer, it now seems that higher oil prices may be to blame for an expected up tick in the national average," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

"Oil prices have silently been tracking higher after tension in Egypt started to impact the market, driving oil prices higher. In turn, gasoline prices have begun to stage a rally as well. Oil closed last week at its highest level in over a year, and it may lead to a gentler rally in retail gas price than what we saw earlier this year, but a rally none the less," DeHaan said.

GasBuddy surveys 452 gas stations in the Greenville area to get their information.

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