Iowa gas prices rise 12.1 cents for the holiday
With the Labor Day holiday approaching, retail gasoline prices in Iowa rose by 12.1 cents per gallon last week, averaging $3.66 Sept. 1, according to GasBuddy’s daily survey of 2,036 gas outlets in the state.
Coincidence? Perhaps, but including the change in gas prices last week, prices on Sept. 1 were 8.1 cents per gallon lower than the same day one year ago, but are 8.8 cents per gallon higher than one month ago.
“American motorists faced with slightly higher gasoline prices going into Labor Day weekend still had good reason to be happy when they returned home,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com.
“Over the long weekend, Americans saved nearly 300 million dollars over what was spent for the three-day weekend last year,” DeHaan continued. “The national average was close to 20 cents per gallon lower this year and while Syria has dominated the news and so far caused a relatively small blip in gasoline prices, this summer driving season closed with the lowest prices since 2010.”
The average national gasoline pump price rose 4.1 cents per gallon last week to $3.61 per gallon. The national average has decreased 2.4 cents per gallon during the last month and stands 18.7 cents per gallon lower than on Sept. 1, 2012.