Cheap gasoline this Labor Day

Published September 2, 2016 4:57pm ET



Drilling in the U.S. will keep the price of gasoline at a 12-year low this Labor Day, the Energy Department said Friday.

The U.S. average price of regular gasoline was $2.24 a gallon as of Aug. 29, which is the lowest pump prices have been the week before Labor Day since 2004, according to the Energy Information Administration, the department’s data and analysis arm.

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