Gas Prices Hold Steady as Summer’s End Approaches
For years, news of a hurricane swirling through the Gulf of Mexico has been more than enough to spike gas prices. Gas prices have remained flat this summer, and they are expected to remain so heading into the holiday weekend. But the swift passage of Hurricane Idalia over the Florida peninsula and through Georgia and the Carolinas appears to have had only limited impact at the pump, according to AAA. Gas prices remain stable AAA described pump prices “neutral,” with the national average for a gallon of gas falling by a penny since last week to $3.82 as the nation’s motorists head into the final weekend of the summer and the post Labor Day return to school. Today’s national average of $3.82 is 7 cents more than a month ago but 2 cents less than a year ago. Oil prices did rise at midweek amid ongoing concerns the hurricane could interrupt fuel supply in the Southeast. However, some fuel terminals have resumed operations, and more are expected in the coming days as storms subsid...