US EditionGas hasn’t been this cheap on Labor Day since 2020
Gas prices are 14 cents cheaper than last year, with averages at $3.21 per gallon and some regions potentially below $3, influenced by increased oil production.
- This Labor Day weekend, GasBuddy reports gas prices are the cheapest since 2020, with Alabama averaging $2.82 per gallon amid the unofficial end of summer travel.
- OPEC's production increase earlier this year pushed crude prices below $64 a barrel on Thursday, contributing to lower pump prices.
- AAA data reveal the national average gas price is $3.21 per gallon, up 7 cents from last week, with 15 states below $3 as of Thursday.
- For consumers, the effect is improved household cashflow for middle- and lower-income Americans as lower fuel costs ease living expenses, while Joe LaVorgna attributes oil prices largely to the president's policies and international efforts.
- Looking ahead, Patrick De Haan, GasBuddy Head of Petroleum Analysis, predicts prices will fall further after Labor Day into mid-September as winter gasoline rolls back.
36 Articles
36 Articles
Dipping airfare, lower gas prices: What to know about traveling this Labor Day weekend
As the dog days of summer wind down, and pumpkin-spiced lattes hover on the horizon, travelers can look forward to dipping airfare and the cheapest gas prices we’ve had since 2020.
Labor Day national average gas price to be lowest since 2020 - Boonville Daily News
GasBuddy, North America’s trusted fuel savings platform for more than 25 years, today released its annual Labor Day gas price forecast, predicting that average gas prices on the last summer holiday weekend of 2025 will be $3.15 per gallon, 14 cents lower than in 2024, and the lowest price at the pump since Labor Day since 2020.
Labor Day weekend gas prices are the lowest since 2020
Gas prices nationally are the lowest for Labor Day weekend since 2020. The lower gas prices are largely due to the fact that oil prices remain low. As of today, AAA Alabama reports that gas prices nationally are down to an average of $3.20 a gallon. In Alabama, they average $2.82 a gallon. Today’s $2.82 average is actually a little higher than the average of $2.77 from a month ago, but they are lower than the $2.96 average from Labor Day weekend…
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