Labor Day Gas Prices Expected to Hit Lowest Levels in 3 Years

Friday, 30 August 2024, 20:19

Labor Day gas prices are projected to reach their lowest levels in three years. Motorists will enjoy lower prices, with forecasts suggesting an average of $3.27 per gallon nationwide. This is 50 cents less than last year, representing a significant 13% decrease.
CBS News
Labor Day Gas Prices Expected to Hit Lowest Levels in 3 Years

Gas Prices Trend Downward for Labor Day

Labor Day gas prices are projected to reach their lowest levels in three years. American motorists are likely to pay significantly less at the pump this holiday. GasBuddy predicts an average price of $3.27 per gallon nationwide, which is 50 cents below the $3.77 average recorded last year. This marks a 13% decrease in prices.

Estimated Savings at the Pump

  • Estimated savings for Americans: $750 million
  • Travel forecast indicates a positive trend for consumers

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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