Gas Prices Are About To Drop
A year ago, the post–Labor Day period was marked with rising prices at the pump thanks to a brutal hurricane season, among other factors. This year things are different, with prices remaining subdued even when concerns about strife in the Middle East dominate the news.
According to this week’s Energy Information Administration report, the national average for a gallon of regular at the end of September was measured at $3.42, which is around 40¢ less than a year ago. The AAA Fuel Gauge Report indicates that gas prices dropped about 20¢ per gallon nationally in the past month. The gas experts at AAA indicate that the September dip was the largest seen since last October, and expect prices to keep inching lower in the weeks and months ahead.