Some of cheapest Labor Day gas and prices like this are likely to continue through the end of the year, due to a reduced demand for gas from high unemployment and millions continuing to work from home.
And prices like this are likely to continue through the end of the year, due to a reduced demand for gas from high unemployment and millions continuing to work from home.A survey of gas stations by AAA puts the average price of gas at $2.22 for a gallon of regular, down 14% from the $2.57 motorists were paying a year ago.But in much of the country, gas is even cheaper.
In the 32 states outside the East and West coasts, gas prices haven't been this cheap over Labor Day weekend in 16 years, according to OPIS. That's true even as many states have raised gas taxes during that time.Read MoreThe reduced demand for gasoline due to the Covid-19 pandemic has caused a glut of both oil and gas, driving down prices.
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