Caixin Online: This is how much gas prices may fall by Halloween

It’s no surprise to hear that gasoline prices at the pump typically fall after the Labor Day holiday, which marks the official end to the summer driving season, but just how much prices fall on average may cause drivers to do a double take.

Over the past five years, the average retail gasoline price drop between Sept. 6 and Halloween has been 30 cents, said Patrick DeHaan, senior petroleum analyst at GasBuddy.com. “Price declines are all but guaranteed,” he said.

A gallon of regular unleaded sold for an average of $2.192 nationwide as of Tuesday afternoon, according to GasBuddy.com.

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