Charlotte, N.C. (January 3, 2023) – Frigid temperatures and a late December winter storm caused gas prices in the Carolinas to temporarily spike last week, with refineries as far south as Texas and the Gulf Coast forced to briefly shut down.
“Prices at the pump will likely climb a little bit more before they stall again,” said Tiffany Wright, spokesperson, AAA – The Auto Club Group in the Carolinas. “We can continue to thank less expensive oil and the return to seasonal driving patterns for that.”
North Carolina’s current gas price average is now $3.03, having a 14-cent increase on the week. This is 13 cents less than a month ago and 3 cents less than a year ago. South Carolina’s current gas price average is now $2.98, having a 20-cent increase on the week. This is 8 cents less than a month ago and 5 cents less than a year ago.
Today’s national average of $3.22 is 20 cents less than a month ago and 6 cents less than a year ago.
According to data from the Energy Information Administration (EIA), gas demand rose last week, while total domestic gasoline stocks fell. More demand and less supply pushed pump prices higher.
For updated state and metro prices log on to https://gasprices.aaa.com/
About AAA – The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 62 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.