If you still need another reason to take a Labor Day road trip, try this on for size: This year’s gas prices are at a three-year low.
According to the most recent AAA Southern New England Fuel Gauge Report, national gas prices are averaging $3.43 per gallon — the lowest price on record for Aug. 29 since 2010, when the national average was $2.70.
The price drop can be traced to a spike in US oil production, according to an interview with Patrick DeHaan in The Boston Globe:
A decade ago, total US oil output ran about 5.5 million barrels per day, but now it’s 8.3 million barrels per day, a more than 50 percent increase, said Patrick DeHaan, senior petroleum analyst at GasBuddy.com, a gas price site for consumers.
Well, what are you waiting for? Hit the road, already!