GoKawiilThe national average for regular gas prices is still well below the record of $5.02 a gallon set in June 2022. It’s never been more expensive in the U.S. to fill up the tank and take one last summer trip over the Labor Day weekend.
Gas prices break Labor Day weekend records as Iran War and refinery issues continue
Why This Matters
Gas prices have hit a record high for a Labor Day weekend, squeezing consumers at the pump even though the national average remains below the all-time peak of $5.02 a gallon set in June 2022. The pressure is tied to geopolitical tension involving Iran and ongoing refinery problems, factors that ripple into transport, logistics and delivery costs across the economy.
Key Takeaways
- Labor Day weekend gas prices set a record, making the end-of-summer trip the priciest yet.
- The national average is still below the June 2022 all-time high of $5.02 per gallon.
- Conflict involving Iran and refinery disruptions are cited as the drivers behind elevated prices.
Worth a Look
Scangauge or Fuelly? Use: ScanGauge II Automotive Computer — If pump prices are stinging, the ScanGauge II plugs into your OBDII port and shows real-time fuel economy so you can adjust your driving habits on that Labor Day road trip. It also reads engine data and trouble codes, making it a handy all-in-one dash tool.
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