Economics

Gas Prices Dropping Prior to Holiday Weekend

Enjoy the vacation

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Just in time for the Labor Day weekend—gas prices have fallen again.

The average price for a gallon of gasoline slipped in the last two weeks, losing almost 4 cents due to abundant supplies, according to the Lundberg survey.

Gasoline cost $3.5596 per gallon on average on Aug. 23, down from $3.5895 on Aug. 9, based on a survey of about 2,500 retail stations in the 48 contiguous states. The average price per gallon had slipped 8 cents per gallon in the previous two-week period and is now 20 cents lower than a year ago.