Gas Prices to Spike and Fall in the Coming Months

AAA says that gas prices are expected to spike and fall in the upcoming months as drivers prepare for Labor Day Weekend.

Posted: Aug 30, 2018 5:19 PM

CHICO, Calif. - AAA is warning drivers that the highest gas prices in the past four years will be in place for Labor Day Weekend. 

They said that the national average for regular unlead is about 48 cents higher than Labor Day last year. Experts are saying, though, that the spike should only be temporary. 

On a brighter note, a few months from now, gas prices are expected to decrease by more than a quarter per gallon. AAA says that pump prices nationally will drop about $2.70 per gallon on average. 

The anticipated decrease is being partially attributed to a switch-over to winter-blend gasoline, stable oil prices and low demand after Labor Day. 

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Heavy rain and snow has returned to Northern California. Showers and possible thundershowers will continue on Sunday. Drier weather is ahead for most of next week.
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