Economy

Labor Day gas prices are set to be lowest since 2004

This Labor Day, gas prices are set to be the lowest since 2004.

The national average is expected to drop several cents to $2.19 on Monday, which would make a gallon of regular cheaper than it has been in over 16 years. The lowest price in Iowa of a gallon of regular gas is in Ankeny, where it is selling for $1.73. That's according to Gas Buddy. That is 49 cents lower than this time previous year. The Shell station and the nearby Casey's station both had regular gasoline advertised for $2.159 per gallon.

Gasoline prices locally continue to surge ahead of the national average this week, while the national average has increased by a few pennies.

More news: Donald Trump Bans Racial Sensitivity Training Labeling It "Anti-American Propaganda"

"We forecasted that more than 700 million Americans would take trips this summer with 97 percent of those being road trips", said Michigan Spokesperson for AAA Adrienne Woodland.

As of Thursday morning, GasBuddy listed the average price in Lima as $2.06.

The most expensive gas prices here in MI is in metro Detroit, Marquette and Saginaw.



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