Gas Prices Could Rise Labor Day Weekend But Might Decline In Fall

Prices have been rather low around the Mid-Michigan area lately. The other night, I was able to fill up my tank for $2.85 per gallon, which isn't as bad as it could be.

GasBuddy, is warning motorist though, that we could see prices at the pump rise. Some prices could reach an average of $3.11. That will be the highest we've seen prices on Labor Day weekend since 2014. If predictions are also correct on the prices, that means we will see a 90 cents difference from 2020's Labor Day Weekend.

The higher prices could be attributed to the re-opening of certain offices and businesses.

Get our free mobile app

“While Covid continues to have a leading role in gasoline demand and companies plan their return to office, prices may be less predictable than normal. However, seasonality will persist, and that means less gasoline demand as we progress through fall and into winter, and cost savings from the switch back to cheaper winter gasoline in mid-September,” GasBuddy Head of Petroleum Analysis, Patrick De Hann told sources.