Driving season throughout the summer ends on Labor Day. While gas prices are high, the U.S. has not experienced the extended period of extremely high costs as some had anticipated. Over the three-day holiday weekend, gas prices will keep falling by more than two months as Americans continue to drive less and conserve Gasoline.
Since June 14, when the national average price of unleaded Gasoline peaked at slightly under $5.00 per gallon, prices have started declining. The national average for a gallon of Gasoline on Monday was $3.79. Patrick DeHaan, chief of petroleum analysis at GasBuddy, stated that he believes the good news will continue for the time being. In the absence of a refining disruption, he said, Gasoline prices should continue to fall throughout the fall. Most of the nation’s refining capacity is located along the Gulf Coast of the United States.
The South has the states with the cheapest gas prices. According to AAA, unleaded Gasoline costs drivers an average of $3.26 in Texas, $3.28 in Arkansas, and $3.26 in Mississippi per gallon on Monday. Some jurisdictions continue to have substantially higher prices than others, such as California, where the average gallon costs $5.26, and Nevada, where it costs $4.84.