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Gas Prices Hit Record High Ahead of Labor Day Weekend
AAA says 45 million holiday travelers face the highest Labor Day pump prices on record, with the national average at $4.14 a gallon.
- On Labor Day weekend, AAA reported the national average for regular gas reached a record $4.14 per gallon, marking the first time prices have exceeded $4 for the holiday.
- Continued volatility in the Strait of Hormuz has pushed crude oil prices to the $90 per barrel range, keeping gas costs elevated despite typical seasonal demand decreases.
- More than 45 million Americans are expected to travel 50 miles or more, with many modifying trips to save money; AAA Southern California representative Annllyen Venagas noted, "most people still prioritize travel."
- In Washington, where diesel averages $6.81 per gallon, Sheri Call, President of the Washington Trucking Associations, noted that high fuel costs place small fleets at a "competitive disadvantage."
- The U.S. Energy Information Administration forecasts regular gasoline prices will average about $3.72 per gallon during the final three months of 2026, with prices expected to continue declining into 2027.
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Gas prices hit record Labor Day highs as Strait of Hormuz conflict tightens oil market
As the conflict in the Strait of Hormuz continues to pressure the oil market, drivers in El Paso are seeing gas prices climb heading into Labor Day weekend, forcing some to rethink traditional holiday road trips.For many
Coverage Details
Total News Sources12
Leaning Left2Leaning Right1Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 18%
C 73%
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