US Gasoline Prices Set To Hit Record Over Labor Day Weekend
- Economy news
- September, 05, 2026 - 16:20
GasBuddy data predicted the national average would reach $4.03 per gallon on Monday, compared with the previous Labor Day record of $3.83 set in 2012.
Labor Day is a federal holiday celebrating the US labor movement, and many Americans travel during the long weekend.
Meanwhile, the national average gasoline price stood at about $4.13 per gallon on Thursday, nearly $1 higher than the average a year earlier, according to GasBuddy.
Analysts told Reuters that $4 per gallon represents a “pain point” for US consumers.
As the US aggression on Iran entered its seventh month, rising energy costs have become a key concern for the administration of US President Donald Trump ahead of the November midterm elections.