Labor Day gas prices are higher than normal, but far less than dire predictions this summer

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Labor Day gas prices are higher than normal, but far less than dire predictions this summer
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Across Texas, drivers will pay around $3.30 per gallon on average, up 48 cents from the $2.82 from last year.

during the Labor day weekend, and of them, 82 percent will be on the nation’s roads. In San Antonio, drivers can expect to pay about $3.20 for a regular gallon of gasoline this weekend, 50 cents more than they paid this time last year, according to the fuel-price tracking service GasBuddy.

While drivers are paying more than they did for gas during the traditional end-of-summer weekend in 2021, prices have plummeted from record highs after Russia’s Feb. 24 invasion of Ukraine threw global energy markets into chaos. Soaring crude prices translated into record high prices at Houston-area gas stations, where they peaked in mid-June at $4.64 per gallon, according to the fuel-price tracking service GasBuddy. Until this year, the average price of a gallon of gas in Houston had never risen past $4.

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