Greenville gas prices remain level amid possible tax hike, Iraq - FOX Carolina 21

Greenville gas prices remain level amid possible tax hike, Iraq tensions

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GREENVILLE, SC (FOX Carolina) -

Gas prices are staying relatively level in Greenville as concerns about the situation in Iraq and a possible tax hike threatened to drive them up across the county.

The average retail price for a gallon of gas rose a half a cent in the past week, bringing the average to $3.33. The national average increased by slightly more, 2.6 cents, bringing the price to $3.68 per gallon, according to the gasoline price website GasBuddy.com.

Locally, gas prices on Sunday were 18.2 cents per gallon higher than the same day a year ago and 6.6 cents per gallon lower than a month ago.

"While concerns in Iraq have led to higher prices in many areas across the nation in the last week, a new concern has come to light: a possible increase in the federal gasoline tax," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

"Suddenly, there are a few different situations that bear monitoring that could have an impact at the pump: Iraq, the feds [raising gas taxes], and the peak of hurricane season, which is coming soon. While this week at the pump could be a quiet one, especially if there's no major Iraq news, motorists still face the threat of higher prices later in the summer, and watching lawmakers debate raising gasoline taxes certainly is worth monitoring," DeHaan said.

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