Friday, February 7, 2020

Will Gas Go Under $2 Here Again?

When I arrived in Myrtle Beach at the end of December 2017, I was thrilled to pay only $2.17 per gallon.  It was just over a year ago that the gas prices in our area hit a ridiculous low of $1.74 per gallon.  This is when I was pulling into stations to get gas when I didn't need it, because it was so ridiculously low.  The prices did go up of course and well over $2.00 per gallon.

Around the holidays two months ago, the prices here were running $2.25 to $2.36.  All of a sudden, the prices started dropping and dropping and dropping.  Yesterday, the lowest price I saw was $2.01 and that station this morning was $1.95.

Having watched the prices closely the past two years, I can honestly tell you I don't have a clue to explain how the prices work here.  They can jump up or drop twenty cents on any day.  Two stations across from each other can be twenty cents apart in price.

How low will they go?  They can't really get back to $1.74, can they? I doubt it, but anything under $2.00 per gallon is terrific and a lot better than prices in most parts of the country.  This is a very "small price" I have to pay to "become a Southerner," and I have no regrets.

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