Charlotte, N.C. (June 1, 2020) – Despite a slow uptick in pump prices within the Carolinas, majority seeing increases of a penny on the week, hurricane season begins with the lowest pump prices since 2003.
“Although the demand for gasoline is increasing, prices at the pump are still lower-than-average,” said Tiffany Wright, AAA spokesperson. “Motorists are slowly returning to the roads but gasoline demand hasn’t returned to a level that would cause pump prices to drastically increase just yet.”
On the week, North Carolina’s $1.82 average did not see an increase but is 18 cents more than a month ago and 76 cents less than a year ago. South Carolina’s $1.67 average is one cent more than a week ago, 12 cents more than a month ago and 78 cents less than a year ago.
The national gas price average is $1.97, a one cent increase over the week. Part of the incremental jump can be attributed to the increase in gasoline demand, which saw a 7% week-over-week increase. However, demand is still down nearly 25% compared to last year.
For updated state and metro prices log on to https://gasprices.aaa.com/
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The Auto Club Group (ACG) is the second largest AAA club in North America with more than 14 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 60 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.