Gas Prices Lowest In Four Years This Labour Day
A media report says that this Labour Day the gas prices will be lowest that has been seen in the last four years.
Analysts from Gas Buddy said that the reduced prices result from a low demand, no big hurricane this season and the absence of geopolitical tensions in oil regions globally.
The petroleum analysts say that the highest ever gas price on Labour Day was seen in 2012. That year for a gallon of unleaded people paid $3.83.
A survey from TripAdvisor where 2,600 travellers were questioned found that 68 percent were planning to drive down home for their Labour Day weekend as compared to the 26 percent people who plan to fly.
Bill Fishering, one of the respondents said, "I don't feel the effect. I don't think it's significantly lower, but I'm so old I can remember when gas was 50 cents."
According to Gas Buddy average gas price in Indiana and Fort Wayne is $3.50 for a gallon.
New Zealand News
- Porsche reportedly developing electric version of 718 sports car
- Tesla Model Y Performance becomes little bit more expensive to order in China
- Porsche’s recently unveiled Mission R Concept previews electric race cars of future
- Chinese manufacturer GAC’s Aion V e-SUV can charge 0-80% in just 8 minutes
- Oshidori International exits Japanese casino race, citing serious ethical irregularities
- Plug-in cars’ share grows to 32% in Netherlands in September 2021
- Italian motorcycle racer Valentino Rossi enters e-bike business with VR46 MTB range
- Micro Mobility shows off production version of Microlino 2.0 and 3-wheeled e-scooter
- Chinese electric motorcycle maker Evoke Motorcycles to set up shops in Spain
- TenneT adds more electric BMWs to study use of EVs to support power grids