AAA: Rising Oil Prices Could Push Gas Prices Higher In Carolinas
Gas prices in the Carolinas dropped another one to two cents last week, with motorists continuing to find discounts at the pump – but those prices could soon edge upward due to the price surge in crude oil, which is closing in on $80 per barrel. Since the global price for oil accounts for nearly half of what consumers pay at the pump, higher oil costs will usually result in higher gasoline costs.
