Gas prices down, just in time for Easter

Mar. 27, 2013 @ 06:28 AM

Over the last year, fuel prices in Rutherford County and across the country have been trending upwards.

According to AAA Carolinas, the price of a gallon of unleaded gasoline reached its highest average on Feb. 22 at $3.80.

Now, heading into the Easter holiday weekend, those prices have taken a decisive tumble prompting AAA Carolinas to forecast higher travel this weekend.

Angela Vogel Daley, spokesperson for AAA Carolinas, said that the average cost of a gallon of unleaded gasoline in North Carolina has dropped to $3.64 since the price peak in February.

As of Wednesday, the price of unleaded gasoline in Rutherford County averaged $3.60. In Asheville the average price of gas was $3.64 and Charlotte averaged at $3.65. Asheville and Rutherford County have seen close to a 30-cent decrease in unleaded fuel prices over the last month. Statewide, the price of gas has dropped $0.25 per gallon.

"Through the weekend, it is likely that it will continue to trend downward," Daley said. "There is not any dramatic changes either way."

The price of gasoline typically increases over the early part of spring as refineries make their transition to summer-blend fuel production and conduct maintenance, both of which reduce the supply of gasoline available.

However, Daley said that the traditional increase in gas prices occurred earlier in the year, causing gas prices to see more stabilization as the Easter weekend approaches.

"There really isn't any supplier distribution issues as of right now," Daley said. "I would say, at some point, those prices are going to fall flat."

In South Carolina, AAA Carolinas reported that gas prices have decreased by an average of $0.27 per gallon. The Spartanburg area has seen the largest decrease in price at $0.32 per gallon.

Easter is not a traditional travel weekend, but Daley said that there are other factors that may prompt higher-than-usual travel over the weekend.

"We do expect, because gas prices are down, that travel will be up," Daley said. "Easter is more of a family holiday where if it is something that you do every year you will continue to do it but we do see more discretionary travel like for spring break."

 

On the Web:

AAA Carolinas: http://www.carolinas.aaa.com