Pain At The Pump: Prices Rise, Not Fall, After Labor Day


If you're waiting for summer gas prices to drop, you might be waiting awhile longer.

Instead of dropping, as is customary after Labor Day, gas prices have actually risen 5 cents in the past week alone. The national average, $3.86, is currently up 16 cents from a month ago and 24 cents from a year ago.

A number of national and international factors such as tensions in the Middle East and U.S. refinery shutdowns due to Hurricane Issac are behind the increase in prices.

The average price at the pump for Coloradans is $3.69 a gallon, placing Colorado with the 10 cheapest states. Mississippi currently has the lowest gas prices in the country.

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