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EIA

Motorists Pay Most Expensive August Pump Prices In Years Motorists Pay Most Expensive August Pump Prices In Years
Motorists Pay Most Expensive August Pump Prices In Years With the demand for gasoline soaring during the dog days of summer, motorists can expect gas prices to peak to the highest price since 2014. With Labor Day fast approaching, statewide gas prices are beginning to peak, with an average price nationwide of $2.87 per gallon, the most expensive prices in four years. Officials said that there will likely be a spike in prices toward the end of the summer. The national average is down one cent from a week ago, and up 53 cents from a year ago. The tri-state area remains one of the more expensive places to pay at the pump, with Connecticut residents…