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Gas Prices Decline Ahead of Labor Day Weekend

National average set to hit three-year low, offering relief to holiday travelers.

  • Average gas price is $3.36 per gallon, significantly lower than last month and last year.
  • Prices expected to drop further to $3.27 per gallon over Labor Day weekend.
  • Geopolitical stability and mild storm season contribute to lower prices.
  • Regional variations remain, with Mississippi having the cheapest and Hawaii the most expensive gas.
  • Lower prices attributed to reduced demand, increased oil production, and transition to winter blend gas.
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