Labor Day gas prices may be at an all-time high for holiday travelers
Bloomberg reported that the effects of Hurricane Isaac and a deadly refinery blast at a Venezuela refinery have helped push gasoline prices upward in recent days.
“We expect the national average price of gasoline for Labor Day this year to be the highest ever for the holiday,” Michael Green, a spokesman for AAA in Washington, said.
“Although our thoughts will be with our neighbors to the east, many Texans will be traveling and hoping that things return to normal for the people of Louisiana impacted by Hurricane Isaac.”
Bloomberg reported that the national average for gasoline on Tuesday was $3.76 a gallon, up about a penny. But the Fort Worth Star-Telegram reported that the Fort Worth-Arlington average rose 3 cents to $3.60.
“Recent traffic trends combined with a resurgence in consumer spending indicates travelers will be a little less afraid to spend money on gas and hotels, so we’re predicting some delays as travelers head to the airport or drive out of town for Labor Day,” said Jim Bak, director of community relations at Inrix, based in Washington state.
photo/Daniel Christensen
