Gas Prices Drop Lower

Pace of Gas Price Decline Slows as Labor Day Weekend Arrives

WASHINGTON, D.C. —Pump prices are still falling, but at a slower pace than recently, dipping just two cents to $3.36 since last week. A slight uptick in gas demand may reflect the last hurrah for summer travelers. A storm system forming in the Atlantic may pose a threat to falling gas prices as well. Meanwhile, the national average for L2 commercial electricity did not budge.

“Since today, 8/29, was my birthday, my wish was for this potential tropical storm to fizzle quickly,” said Andrew Gross, AAA spokesperson. “And the arrival of September means cheaper winter-blend gasoline is almost here, which always helps take pressure off pump prices.”