×
In

Updated on: September 7, 2026 / 6:31 AM EDT / CBS/AP

\n\n

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.

\n\n

The average price of regular gas was $4.14 a gallon heading into the holiday and a penny higher on Labor Day itself, nearly a dollar higher than last year and well above the Labor Day weekend record of $3.82 from 2012, according to the AAA motor club.

\n\n

Gas prices have never topped $4 per gallon on Labor Day, AAA noted. The national average for regular gas prices is still well below the record of $5.02 a gallon set in June 2022.

\n\n

At the same time, diesel hit a national average of $5.85 a gallon on Friday, a record, then was another nickel higher on Monday, AAA reported.

\n\n

Trucks and other freight delivery systems use a lot of diesel, and that increased transportation cost is being passed on to consumers, whether at the grocery store or through package delivery services.

\n\n

Prices shot up after the U.S. and Israel attacked Iran in February and haven't settled down since. Crude oil traffic through the key Strait of Hormuz…

Original source: https://www.cbsnews.com/moneywatch/

Leave a Reply

Your email address will not be published. Required fields are marked *

Author

seoexperts1994@gmail.com

Related Posts

In

Hurricane season is here. Here’s what your home needs for defense.

Hurricane season is ramping up. Are you ready for the next big storm? Immediate fixes like clearing your yard of debris, securing...

Read out all
In

SNAP checks rise Oct. 1, but new rules may mean benefit cuts ahead

October ushers in changes to SNAP, the government's supplemental nutrition assistance program, including one shift Americans may see immediately and another one...

Read out all
In

Powerball jackpot now $360 million. See winning numbers for Sept. 26

The Powerball jackpot rose to $360 million with a cash value of $149.8 million ahead of the Saturday, Sept. 26 drawing, after...

Read out all
In

How FHA loans make owning a home more accessible to some buyers

FHA loans can make homeownership more accessible for buyers with limited savings or less-than-perfect credit. These government-backed mortgages reduces lenders' risk by...

Read out all
In

Is silver a good investment? What to know before you buy

Investors buy silver for several reasons. Some want protection when markets drop. Others worry about inflation eating away at their savings. But...

Read out all
In

Hurricane windows explained

Hurricane season is upon us. Are you doing everything you can to protect your home? Anyone who lives along the coast knows...

Read out all