U.S. gas prices at highest ever for Labor Day weekend

foxnews.com
September 3, 2012

The national average for a gallon of regular gasoline hit $3.80 on Monday, up 14 cents from the same time last year, the highest price ever recorded during a Labor Day weekend, GasBuddy.com reports.

U.S. drivers hit the road in droves in one of the nation’s busiest weekends, seemingly undeterred by the high gas prices, due, in part, to Hurricane Isaac, which forced oil refineries on the Gulf Coast to close, according to Reuters.

On Friday, the average price of gas was $3.83 per gallon, according to AAA. Monday’s price of $3.80 beat the Labor Day record of $3.68 set in 2008, the association reported.

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This article was posted: Monday, September 3, 2012 at 10:01 am

Tags: domestic news, economics

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