News Summary
Gas prices have risen by about 4 cents per gallon to a national average of $3.17. Regional variations show the cheapest prices in Tyler, Texas at $2.60 and the highest in Salinas, California at $5.11. South Carolina’s average increased to $2.80. The rise coincides with changes in tariffs and oil production aimed at stabilizing prices.
Gas Prices Experience Slight Increase with Regional Variations
Hilton Head-Bluffton, SC—Gas prices have increased by approximately 4 cents per gallon since last month, with the current national average fuel price at around $3.17 per gallon. This marks a decrease of nearly 50 cents compared to the same time last year.
Regional Highlights
- Cheapest Metro Prices: Tyler, Texas: $2.60 per gallon
- Most Expensive Metro Prices: Salinas, California: $5.11 per gallon
- Lowest State-Level Average: Mississippi: $2.68 per gallon
- Highest State-Level Average: California: $4.81 per gallon
In South Carolina, the average gas price rose to $2.80, an increase of 6 cents (2.1%) from the previous week, while the yearly decline is $0.49 (-14.9%). The historical high for South Carolina was $4.61 on June 12, 2022.
Local Prices in Hilton Head-Bluffton
- Current gas price: $2.92 (increase of $0.01 from last week)
- Yearly change: decrease of $0.41 (-12.4%)
- Diesel fuel price: $3.46 (weekly change: -2 cents)
The most affordable options in Hilton Head Island include $2.69 at Enmarket, $2.88 at Parker’s, $2.89 at Speedway, and $2.89 at Circle K off Interstate 95.
Market Trends and Tariffs
Following a recent announcement from President Trump regarding a 10% baseline tariff on all U.S. imports, the oil and gas sectors remain exempt. The stock market declined and U.S. oil prices dropped by 7% after the tariff news.
The Organization of the Petroleum Exporting Countries (OPEC) has responded by planning to increase production to stabilize the market, which could influence prices in the months ahead. Analysts, including GasBuddy’s Patrick De Haan, indicate that gas prices may have peaked for 2025.
Consumer Recommendations
For tracking and finding lower fuel prices, consumers are advised to use apps like GasBuddy, Google Maps, and Waze. Membership clubs, such as Sam’s Club and Costco, may offer discounted rates in nearby areas.
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Additional Resources
- Stacker: How Gas Prices Have Changed in South Carolina
- AOL: How to Avoid Pumped Prices in Hilton Head
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- Island Packet: Gas Prices Analysis and Updates
