National average gasoline price will probably hit $4.03 on Labour Day
3D-printed oil pump jacks, Iranian flag, and a rising stock graph appear in this illustration taken March 2, 2026. PHOTO: REUTERS
NEW YORK:
With the war in the Middle East still raising energy costs, Americans face record-high gasoline prices for Labour Day weekend, just as political campaigns kick off for midterm Congressional elections.
The national average gasoline price will probably hit $4.03 on Labour Day, far surpassing the previous record of $3.83 per gallon set in 2012, said GasBuddy analyst Patrick De Haan. “Gasoline, while not at all-time records, is at its highest level ever recorded this late in the calendar year, meaning Americans could for the first time ever see a national average price of gasoline above $4 per gallon on Labour Day,” De Haan wrote in a blog post.
