High Gas Prices for Northwest Drivers this Labor Day Weekend
AAA has issued warnings that drivers in the Northwest will encounter steep gas prices this Labor Day weekend.
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Current Gas Prices: As of Friday, the average price for regular unleaded gas in Washington state is $5.48, making it the second-highest in the country. Oregon follows closely as the fourth highest.
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Seattle Area Prices: In the Seattle-Bellevue-Everett region, the average gas price is $5.60, up from $4.57 a year ago. The area’s highest recorded price was $5.99.
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Factors for Price Increase:
- Dwindling summer-blend gas supplies
- Possible operational issues at the Olympic Pipeline
- Ongoing geopolitical tensions, particularly the war against Iran, which affects 20% of the world’s oil supply passing through the Strait of Hormuz.
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National Average: The national average for gas stands at $4.14, indicating a potential record-breaking Labor Day price, surpassing last year’s average of $3.81.
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Overall Travel Costs: Travelers are experiencing elevated costs beyond just fuel, with increased rates for domestic flights, hotels, cruises, and tours. However, relief may be found in international flights and rental cars, which are reportedly less expensive.
Popular Travel Destinations
- Regional: Bend, Seattle, Portland, Lincoln City, Newport
- National: Anaheim, Las Vegas, Orlando, San Diego
- International: Vancouver, Rome, London, Dublin, Paris.
Plan accordingly and budget for these higher travel expenses this holiday weekend!
