National Gas Price Average Hits Highest Price Since Summer 2015

CHARLOTTE, N.C. — At $2.71, gas prices are at their most expensive point in nearly three years and continue to climb. On the week, the national average increased a nickel.

โ€œExpensive crude oil prices, unrest in the Middle East and strong domestic demand, are some of the factors driving spring gas prices toward new heights,โ€ said AAA Spokesperson Tiffany Wright. โ€œGas prices could increase another 5 to 10 cents this season, but right now we donโ€™t expect weโ€™ll see the $3 mark.โ€
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In the Carolinas, pump prices have hit their highest of the year as well. In North Carolina, the state average is currently $2.62, a six cent increase over the past week. In South Carolina, the state average is $2.48, a five cent increase on the week. Despite the increase, South Carolina still ranks among the least expensive states for gas prices in the country.