Charlotte, NC mid to uppper $2.60's...
In nearby SC towns, $2.50 to $2.55.
Farther west in Gaston County NC $2.55 to $2.60
Gas tax in NC is 31 cents per gallon. That's 5th highest in the nation.
Gas tax in SC is 16 cents per gallon.
two weeks ago Crude reached $81 per barrel and gas went to $2.20 per gallon on better than expeceted earnings reports and fewer new unemplyment claims
I then heard a report form a spokesperson from the American Petroleum Institute. He stated that prices would not rise much due to lower than normal demand.
Crude is sitting at $74 per barrel and NYMEX gas is about $2.10 per gallon..
Pump prices here rose to the low $2.70's at some retailers. Others didn't bother raising their prices. in nearby parts of South Carolina where the gas tax is 14 cents per gal lower, prices are in the low to mid $2.50's.
I just made a quick run to the Winston-Salem, NC area and gas there is 15 cents per gallon lower. The Charlotte, NC area ussually has the highest of gas prices in NC. Only the Asheville and NC Beach areas are higher.
Jumped from 2.79 to 2.95 in one area this past week. That is biggest jump I have seen in a while. It was 2.69 before it went to 2.79 this past month. Is this due to that oil barge blowing up or something or is it the hurricanes?
prices stable here in the Piedmont of NC....In fact neighborhood prices vary widely.
Here in my area prices for regular range form $2.68 down to $2.59...However in Northern Charlotte, prices hanf around the low $2.50's.
In nearby SC where the gas tax in much lower, Prices bottom out around $2.40.
COntrary to "greed" conspiracies, most folks in the midwest are seeing price increases due to a major oil pipeline leak....
Story......News Headlines
Expect prices to fall to normal supply/demand levels once the pipe is fixed.
It's real irritating to read comments such as "it's greed" as to why prices rise.
It's the market.
We see price spikes all the time. Good economic reports cause speculators to buy up oil and gas contracts. The price rise is temporary becuase of one simple ingredient. That is the demand for product is not strong enough to support commodity market prices fixes,
We had a Murphy self service open next to Wal Mart a couple of weeks ago at $2.65, now the price is down to $2.43 driving prices down all over town... some hold outs at $2.75 - $2.79 ...