According to GasBuddy, this year’s Labor Day weekend gas prices may be the lowest in 11 years.
Americans can stop having second thoughts about a road trip idea for Labor Day weekend. Gas prices will be kind to the US drivers this year. It is estimated that it would save Americans about $1.4 billion, which means that it will be a good deal cheaper than in the previous years.
Reports of GasBuddy, a website specialized in providing accurate statistics on gas prices across the country, say that the gas prices for Labor Day are the smallest they’ve been in more than a decade.
The cheapest gas station will be in the Southern region of the US. For example, in gas stations across South Carolina gas may cost even less than $1.99 a gallon. There will be places however, where gas prices will be larger than usual, such as in tourist attractions.
The average gas price for this weekend will be $2.45 a gallon, whereas last year it was $3.43. And there’s even more good news, a staggering 70% of gas stations will be selling gas for less than $2.50. To put things in perspective, last year no gas station in the whole country was as cheap.
The gas prices on this Labor Day weekend will be the lowest since the year of 2004. A census claims that this year there will be more and more travelers driving across the country, with the highest number since 2008.
The low fuel prices also means that traveling by plane will be cheaper, so a lot of people will also get on a plane for their journey.
GasBuddy also estimates that fuel prices will keep decreasing this year. By the end of November, the prices may fall under $2 all across the country, excluding Hawaii. Luckily, after Americans will get back home from their Labor Day weekend trips, they can start planning where to spend the holidays.
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