Gasoline Prices Expected to Continue Falling after Labor Day; Some States Could See It Below $3

Labor Day marks the end of the summer driving season. While gas prices are elevated, the U.S. avoided the stretch of super high prices that some had feared.

Gasoline prices are expected to continue their more than two-month decline over the three-day holiday weekend, as Americans drive less and continue to conserve fuel.

Prices have been falling since the national average for unleaded gasoline peaked at just under $5.02 per gallon on June 14. The price at the pump Monday was $3.79 per gallon nationally, according to AAA.

“I think the good news is going to keep going for now,” said Patrick DeHaan, head of petroleum analysis at GasBuddy. Gasoline prices should continue to decline into the fall, barring a refining disruption, he noted.