Americans' Labor Day Marred by High Gas Prices

For the first time in years, the average price of gasoline in the United States during Labor Day weekend surpassed the $4 per gallon mark, driven by rising crude oil prices and geopolitical tensions, especially renewed fighting between the U.S. and Iran. This increase has led to higher inflation in fuel costs, with the average price reaching $4.13 per gallon on Thursday, compared to $3.83 in 2012. The rising prices have resulted in reduced travel and holiday plans, raising concerns about the economic impact and the burden on consumers, while President Trump vowed to lower energy costs despite the ongoing rise.

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