Gas Prices Decrease Ahead of Labor Day

Gas prices are experiencing a downward trend in various regions, with the Greater Toronto Area averaging 153.9 cents per litre, down from 167.9 cents last year, and expected to drop further later in September. In the U.S., the national average for a gallon of gas stands at $3.36, reflecting a 14-cent decrease from the previous month and 46 cents from a year ago. Alabama reports a statewide average of $2.96 per gallon, marking a significant 54-cent drop compared to last year. Meanwhile, diesel prices in Germany have also decreased to an average of 1.56 euros per litre, attributed to stable oil production and low global demand. Analysts suggest that the future of gas prices will depend on various factors, including global economic conditions and geopolitical tensions. Consumers are advised to fill up during specific times to maximize savings.