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Labor Day weekend: Gas prices, airfare rates

Posted: 5:02 AM, Sep 01, 2017
Updated: 2017-09-01 10:00:51Z
Labor day weekend: Gas prices, airfare rates

Gas prices are on the rise, and with Labor Day nearly here, you should get ready to pay even more at the pump.

Right now, the national average is $2.51 for regular unleaded gas, which AAA reported is the highest recorded average price for 2017… throughout the sunshine state, we’re seeing it at a lower $2.49.

According to AAA, gas prices went up about 6 cents overnight and will likely go up at least another 15-25 cents over the next two or three weeks.

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"I'm paying usually $40 it's probably now closer to $50," said Steve Huang, as he was filling up his tank for the weekend.

When asked, "Does it hurt?" Huang replied, "Of course, $10 throughout the month to fill up."

Gas prices were already expected to go up due to increased demand over labor day weekend. However, the sped-up increase in price we’ve seen over the last week is a direct ripple effect from Hurricane Harvey.

The largest oil refinery in the United States shut down in Texas due to flooding from the storm.

Road-travelers, no need to fear. This gas price spike is expected to be short-term. The only thing that would change that would be if the oil refineries are out for months, but only time will tell.

If you’re taking to the skies versus the roads this Labor Day weekend, good news! Despite a 5-percent increase in Americans traveling over the weekend, airfare prices are remaining low.