Recent decrease in Average Myrtle Beach Gas Price Stands at $3 per gallon
Myrtle Beach, SC —
The local gas prices in Myrtle Beach, SC, have been witnessing a constant dip. Over the last week, the average gas prices in the coastal city plummeted by 11.7 cents, settling at a round figure of $3 per gallon, according to the most recent data by the GasBuddy.
Gas Price comparison: A Monthly & City-Wide Overview
This dip signals a 22 cents per gallon retreat from Myrtle Beach’s gas prices just a month ago. As per GasBuddy’s pricing information, the cheapest gas in Myrtle Beach flagged at $2.86 per gallon on Sunday, while the most expensive shot up to $3.39 per gallon.
Patrick De Haan, head of petroleum analysis at GasBuddy, cited, “With the wrap of May, the upsurge in gas prices has also seen a closure. The national average has drastically dropped to its lowest level since March.”
Meanwhile, when compared to other states, the average gas price across the Palmetto State was noted as level pegging at $3.13 per gallon and had no noticeable change from last week. On the other hand, North Carolina’s average gas price decreased by 4.7 cents over the past week, averaging $3.27 a gallon.
Foreseeable Future of Gas Prices
De Haan anticipates this trend of falling gas prices to continue into the summer. He referenced GasBuddy’s data showing a plummet in gasoline demand following Memorial Day. He also noted that refiners are currently processing the largest amount of oil in their facilities in years.
“Bearing all of this in mind, it’s highly likely that we’ll continue to witness this decreasing trend in gas prices throughout the onset of July. Diesel prices haven’t been lagging either and continue to mark their lowest point in 11 months. Though the future seems bright for falling fuel prices in general, it’s essential to keep monitoring the trajectory of the hurricane season and its potential impacts,” De Haan further remarked.
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Author: STAFF HERE MYRTLE BEACH
The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
