US Drivers to Save $1.4 Billion on Gas This Labor Day

Energy

Published: September 2, 2015 12:05 pm

Last Updated: April 28, 2020 9:03 am

With a national average pump price for regular gasoline of $2.44 a gallon, U.S. drivers can expect to save $1.4 billion over the coming Labor Day holiday weekend, because that gallon of gasoline cost $0.99 more last year at this time. Drivers in all 50 states will benefit from lower prices this year.

According to GasBuddy.com, motorists in the South will pay the least for gasoline as gas stations in many states are charging $1.99 or less for a gallon of fuel. In South Carolina, 68.4% of all gas stations are charging less than $2 a gallon, with plenty of opportunity for drivers to pay less than $2 a gallon in other southeastern states: Alabama (44.4% of stations are charging less than $2 a gallon), Mississippi (40.1%), Tennessee ( 21.4%), Louisiana (19.5%), Virginia (17.8%) and Arkansas (10.4%). Nationally about 8,060 stations are selling gasoline for $1.99 a gallon or less.

Outside the South, gasoline prices in New Jersey currently average $2.173 a gallon, the lowest of any state. In Texas, the average is $2.211 a gallon.

Drivers on the West Coast and in the Rocky Mountain region will be paying the highest prices in the Lower 48, with California drivers currently paying the top price of $3.331 a gallon. However, Alaska drivers are paying $3.344 a gallon, and drivers in Nevada and Hawaii are the only others facing prices above $3 a gallon.

One unusual note on gasoline prices: Motorists in New York are paying $2.617 for a gallon of gasoline, less than the price of gas in 10 other states. New Yorkers often pay near the top of country’s price range.

ALSO READ: 13 of the 15 Cities With Highest Gas Prices Are in California

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