The nation's average cost of regular unleaded gasoline on Labor Day was $3.594, up from last week but a drop from the average of $3.827, according to AAA's Fuel Gauge Report.
The highest national cost average on record for regular unleaded gas was $4.114 on July 17, 2008.
Gas Chart Sept 3 2013.JPGAccording to the Labor Day Gas Buddy report on gas costs, the lowest price per gallon in the state was offered at the Ft. McClellan Automated. (AL.com Gas Buddy webpage image)
In Alabama, gas is now averaging $3.383 and the state only of the states in the top ten lowest gas ranking is the that saw an increase last week, according to a review of this morning's Gas Buddy's list of states by average gas cost. The state is now ranked 7th on the list, a drop from 3rd three weeks ago.
Other states with low gas averages include South Carolina in 1st place ($3.250), Arizona in 2nd ($3.322) and in 3rd, Mississippi ($3.329).
In a GasBuddy.com Labor Day ranking of mid-size and larger cities across the nation, Montgomery has the 9th lowest average gas prices in the nation, according to the site. On that ranking, Huntsville has the 22nd, Birmingham the 26th and Mobile the 27th lowest average gas prices.
Looking for the cheapest gas in the state? This Labor Day weekend, Ft. McClellan Automated, at 1167 Fremont Rd near Goode Rd., was selling regular unleaded gas for $3.10 a gallon according to AL.com's Alabama Gas Prices report on Labor Day.
When compared with trends over the last decade and beyond gas prices are near the record high. In the mid-1990s, gas prices hovered in the low $1.00 per gallon range, according to the U.S. Energy Information Administration website.
According to a news release last week by AAA spokeswoman Avery Ash, violence in Syria as well as Egypt and Libya continue to be the primary factors sustaining global oil prices. Egypt is not a major oil producer; however it does have control over both the Suez Canal and Sumed Pipeline, which are key points of transit for the global crude oil supply in the Middle East.
Escalating violence in these countries continues to raise concerns that unrest could spread to other areas in the Middle East and North Africa and has subsequently sustained seasonally-high crude oil prices.
For a comprehensive, up-to-date report on gas prices in Alabama visit AL.com's Alabama Gas Prices page.