Arkansas Gas Prices Dip Ahead of Busy Labor Day Weekend
Gas prices in Arkansas are continuing their downward trend, making travel a more appealing option for many Americans this Labor Day weekend. The state average has fallen to around .00 per gallon, with the lowest price recorded at .63 per gallon on GasBuddy.
This decrease in prices comes as a welcome relief for travelers, especially those planning a road trip for the long weekend. Arkansas’ popular destinations, such as Hot Springs and Texarkana, are also seeing a drop in gas prices. In Hot Springs, the lowest price is .85 per gallon, while in Texarkana, it’s .69 per gallon.
The reduction in gas prices is not limited to Arkansas alone. The statewide gas price average in Arkansas is 41 cents less per gallon compared to last year’s Labor Day. This decline is part of a larger national trend, with GasBuddy predicting the average price of gas to fall to .27 per gallon on Labor Day, marking the lowest Labor Day price since 2021.
The travel industry is likewise expecting a surge in travel during the holiday weekend. Car travel remains the most popular mode of transportation during the holiday, and lower gas prices are a significant contributing factor. AAA predicts travel to be up 9% compared to last year. Airports, such as the Northwest Arkansas National Airport and the Bill and Hillary Clinton National Airport, are also preparing for increased passenger traffic.
The on-going drop in travel costs, including gas prices, flights, hotels, and rental cars, is driving the rise in travel. Travel costs are down 2% compared to last year, making it an attractive time to plan a trip. This trend is expected to continue beyond Labor Day, with both airlines and gas prices showing sustained downward momentum.
Overall, the decline in gas prices is offering a final opportunity for Americans to enjoy the last days of summer at a lower cost. As Labor Day signals the unofficial end to summer, it seems many will be taking advantage of these lower prices to squeeze in one more trip before the season comes to a close.
