End-of-Summer Gasoline Prices Lower Than Previous Two Years

• Marie Cusick
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  Marie Cusick was the Harrisburg reporter for StateImpact Pennsylvania.

As Americans hit the road this Labor Day weekend, gasoline prices have dipped below the end-of-summer prices seen in the past two years.
The federal Energy Information Administration cites much higher gasoline inventories:

The U.S. national average retail price for regular gasoline has fallen 13 cents per gallon below the apparent summer peak of $3.68 per gallon, reached on July 22.
Last Monday, August 26, it was $3.55 per gallon, despite an increase in crude oil prices since early July.
At $3.55 per gallon, the average U.S. retail price for regular gasoline is 19 cents below last year’s price at that time and 3 cents below the level in 2011 leading into the holiday weekend.

According the American Automobile Association the price for a gallon of regular gasoline in Pennsylvania is $3.63 today. That’s slightly higher than the national average of $3.59.

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