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GasBuddy News Article

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Gas prices hit record high for labor day weekend Professor: We could see $4 a gallon soon

KFOX 14 EL PASO, Texas -- Gas prices set another record this Labor Day weekend.

GasBuddy.com reports, the national average for a gallon of gas is $3.80, the highest on record for the holiday weekend. The previous record high was $3.68 a gallon, set back in 2008.

Gas prices in El Paso have been steadily increasing over the past couple of weeks, right now lingering about $3.42.

Dr. Tom Fullerton, an economics professor at University of Texas at El Paso, said typically Labor Day weekend is the peak of gas prices and eventually leads to a drop off, but said that's not the case this year.

Fullerton is predicting gas prices will be knocking at the door of $4 a gallon in the coming weeks. That has El Pasoans adjusting their budgets.

Pierre Mahieu is a personal trainer who drives from one side of town to the othe


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Submitted Sep 04, 2012 By: 1studman
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REPLIES (newest first)
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honda0105
Champion Author Tallahassee

Posts:18,590
Points:1,606,595
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Message Posted: Sep 10, 2012 1:47:27 AM

keep talking it up and it will stay up.
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shstew
Veteran Author British Columbia

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Message Posted: Sep 9, 2012 3:27:31 AM

They're declining in Canada....hmmm
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honda0105
Champion Author Tallahassee

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Points:1,606,595
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Message Posted: Sep 9, 2012 2:18:37 AM

Pig Oil loves near record profits, why should gas drop?
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honda0105
Champion Author Tallahassee

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Points:1,606,595
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Message Posted: Sep 7, 2012 6:07:28 PM

keep talking it up. Prices here have increased from 3.69 to 3.74. Funny how GasBuddy god PD talked about prices FALLING after the holiday. Hmmmm.. where's the drop, Mr. DeHaan?
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sparky808
Champion Author Honolulu

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Message Posted: Sep 5, 2012 8:12:26 AM

Thank you for posting.
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clpassenubye
Champion Author Los Angeles

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Message Posted: Sep 5, 2012 7:10:52 AM

no
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BonVoyager
All-Star Author West Virginia

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Message Posted: Sep 5, 2012 7:04:40 AM

Uugh!
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jrs4125
Champion Author Indiana

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Message Posted: Sep 5, 2012 1:22:21 AM

Doooooh
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comprof
Champion Author Houston

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Message Posted: Sep 4, 2012 8:00:28 PM

Apparently you have not heard - Demos said tonight that things are going in right direction.
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rollercoaster
All-Star Author Hartford

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Message Posted: Sep 4, 2012 6:11:24 PM

obamanation
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arb0526
Champion Author Greensboro

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Message Posted: Sep 4, 2012 6:10:00 PM

$3.42 would be a deal here in NC
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Wsamson7121
Champion Author San Jose

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Message Posted: Sep 4, 2012 6:09:15 PM

HEBster is right. We're passed the $4 a gallon mark.
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N5EXY
Champion Author Austin

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Message Posted: Sep 4, 2012 6:08:15 PM

Bozama says we are moving in the right direction - trying to "run on his record" but he can't. The republicans already are doing that. Elephants never forget. Jackasses never learn. 64 days until the ejection.
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HEBster
Champion Author Kentucky

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Message Posted: Sep 4, 2012 6:06:20 PM

We're past it!
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Cashless
Champion Author Akron

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Message Posted: Sep 4, 2012 6:06:10 PM

NO!
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rahcat
Champion Author Grand Rapids

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Message Posted: Sep 4, 2012 6:05:46 PM

Old News
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joel27nc
Champion Author Raleigh

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Message Posted: Sep 4, 2012 6:05:33 PM

NO!
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gwill76
Sophomore Author Orlando

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Message Posted: Sep 4, 2012 6:04:40 PM

Re-election is not in the cards with these energy issues...Better off four years ago
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jcurley
Champion Author California

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Message Posted: Sep 4, 2012 6:04:16 PM

@bra0712 - no I don't accept it. If (all) the republicons and many democrats hadn't push this global crap, we wouldn't be bidding against China and India for our oil, gas and diesel.

@Math6149 - you're math doesn't add up.
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julesTN
Veteran Author Nashville

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Message Posted: Sep 4, 2012 6:03:46 PM

Accept it and deal with it!??? Sounds like an executive from the industry, huh? I'm quite tired of accepting it - Americans are alll like that - short attention span and delighted when gas prices go down from this outrageously high level - I don't know what we as "the people" can do about it, but accept it, I AIN'T, even if all I can do is yell, grouse, complain, whatevah!
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Toppers
Champion Author Atlanta

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Message Posted: Sep 4, 2012 6:03:33 PM

Dislike
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Math6149
All-Star Author Jacksonville

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Message Posted: Sep 4, 2012 6:02:16 PM

obama wanted higher prices so we could pay homage to him to get the price down.
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bra0712
Champion Author Arizona

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Message Posted: Sep 4, 2012 6:00:23 PM

People, every year ALL prices go up, gas next year will be another record high! So umm let's just accept it and deal with it
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Blue48
Champion Author Illinois

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Message Posted: Sep 4, 2012 5:59:50 PM

LETS HOPE NOT!
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radiorumor
Champion Author Texas

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Message Posted: Sep 4, 2012 5:56:54 PM

The price of gasoline will come down after Nov 6. Guess why. For one we are paying for Citizens United.
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armey
Champion Author Oregon

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Message Posted: Sep 4, 2012 5:56:04 PM

OK!
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76chevy
Champion Author Toledo

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Message Posted: Sep 4, 2012 5:54:47 PM

obama's record breaking recovery!
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mstearno
Champion Author Dayton

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Message Posted: Sep 4, 2012 5:54:02 PM

I am not better off than 4 years ago
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Tucker16
Champion Author Ottawa

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Message Posted: Sep 4, 2012 5:53:43 PM

Meh.
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jetskijerry
Champion Author North Carolina

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Message Posted: Sep 4, 2012 5:53:29 PM

crooks
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sappie
Champion Author Massachusetts

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Message Posted: Sep 4, 2012 5:50:37 PM

no bull.greedy sucmbags
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nozzle46
Champion Author Little Rock

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Message Posted: Sep 4, 2012 5:47:29 PM

Total miles driven will be kept lower because of prices.
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gass12
Champion Author Omaha

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Message Posted: Sep 4, 2012 5:46:42 PM

Old news.
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abcdMA
Champion Author Worcester

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Message Posted: Sep 4, 2012 5:41:27 PM

Gee-- I sort of remember high gas prices being a daily news item in 2008 before the election of you know who---why not this time????
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fenster66
Champion Author Pittsburgh

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Message Posted: Sep 4, 2012 5:39:17 PM

hope it comes down soon...
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southrob
Champion Author Tucson

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Message Posted: Sep 4, 2012 5:38:13 PM

nice ..I'm sure high gas prices helps the economy recover ... not
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Holly123
Champion Author Charlotte

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Message Posted: Sep 4, 2012 5:34:34 PM

We need a new president to take control.
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mpg611
Champion Author Cleveland

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Message Posted: Sep 4, 2012 5:34:25 PM

When is 'soon'? In 1 hour? Tomorrow? Next week? Next month? Next year?
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bonzoonfmb
Champion Author Florida

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Message Posted: Sep 4, 2012 5:28:57 PM

Gas prices are too high.
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SpankyMI
Champion Author Kalamazoo

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Message Posted: Sep 4, 2012 5:28:49 PM

We in SW Michigan already seen the $4.00 monster.
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MountedShooter
Champion Author Georgia

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Message Posted: Sep 4, 2012 5:23:41 PM

Ok.
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suzmar
Champion Author Texas

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Message Posted: Sep 4, 2012 5:22:17 PM

Conflicting articles on gas buddy, some say higher, some say lower, obviously there is not a consensus.
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itsjustme719
All-Star Author Hamilton

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Message Posted: Sep 4, 2012 5:19:01 PM

Any excuse will do.
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Buddy2264
Champion Author Tampa

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Message Posted: Sep 4, 2012 5:11:07 PM

I am guessing since we use much less over the year and the price keeps going up, that trend will continue over time. They will push $4.00 in the spring again to test us and see if we will pay. All the while continuing to pump more and shipping it off as fuels to third world countries.
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SandeeC
Champion Author Ontario

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Message Posted: Sep 4, 2012 5:10:36 PM

An earlier article on this site says that the reason for the high Labour Day prices was due to the hurricane. This article makes it seem like it was PLANNED to be higher - or is it any excuse to raise prices????????
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OGW
Champion Author London

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Message Posted: Sep 4, 2012 5:09:39 PM

Our prices were lower on Labor Day than earlier in the week and have dropped a little again today.
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skyking797
Sophomore Author Phoenix

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Message Posted: Sep 4, 2012 5:09:03 PM

going out to eat.....must be getting crushed..............
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bojiway1
Champion Author Minnesota

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Message Posted: Sep 4, 2012 5:07:53 PM

And higher today
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serrog
Champion Author Nova Scotia

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Message Posted: Sep 4, 2012 5:06:17 PM

I don't believe the Obama bashers
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toadNY
Champion Author Albany

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Message Posted: Sep 4, 2012 5:02:57 PM

drz614 wait till he's re-elected an see how bad thing's get.
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