If you’re planning to squeeze in one last summer road trip over the coming Labor Day weekend, it won’t cost as much to fill up your tank compared to a few months ago.
The national average for a gallon of regular has fallen more than 20 cents since May and is now at $3.38 — about 47 cents lower than this time a year ago. Experts say the trend is likely to continue in the coming months, possibly leading to $3-a-gallon gasoline for the first time since 2021.
According to AAA, as of Thursday, the price per gallon for regular gasoline ranged from $4.59 in California, where state gas tax is the highest in the nation, to $2.93 in Mississippi, which has one of the lowest tax rates on fuel.
“For every Mississippi, you have a California to balance it out,” says Andrew Gross, a spokesperson for AAA.
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