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Gas prices hit record lows

With gas prices nationwide continuing to drop, Colleton County is seeing some of its lowest gas price numbers on record in recent years.

Gas prices in Colleton County are currently ranging between $2.02 and $2.50 a gallon, depending on where you are.

The latest gas price reports for Colleton County are listing the Town of Cottageville as offering the lowest gas prices per gallon, with the lowest average cost for the area coming in at $2.02 per gallon.

In Walterboro, some of the cheapest prices can be found at gas stations on Robertson Boulevard and along Bells Highway, with the average low in Walterboro coming in at $2.16.

Edisto Beach falls somewhere in the middle of the range, at about $2.27 per gallon, with the highest reported gas prices in the Green Pond area, at $2.50 per gallon, according to www.gasbuddy.com.

South Carolina as a whole has some of the lowest gas prices in the nation: according to the Tax Foundation, the Palmetto State is listed among the top 10 states in the country for having the lowest gas prices. Other states with bottom-of-the-barrel prices include Virginia, Oklahoma, Mississippi and New Jersey, according to the foundation.

The reason for the near 5-year record low is being described by experts as an “abundant surplus” of oil and fuel supplies in the United States. “Fewer people are also driving this winter,” which is helping to drive down gas prices, according to news releases from the AAA Carolinas.

Gas prices are at current record lows nationwide since 2009, according to AAA Carolinas.

The lower gas prices have already accounted for a recent spike in air travel coming into the Lowcountry Regional Airport in Walterboro, and with the airport’s fuel sales also seeing an increase. The fuel costs are also a factor in this holiday season’s record-high number of drivers: according to AAA Carolinas and the S.C. Department of Motor Vehicles, an estimated 660,000 South Carolinians traveled more than 50 miles from their homes during this year’s holiday season.

 

Heather Walters (406 Posts)