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Gas Prices in the U.S. Hit Record High on Labor Day

· Telemundo McAllen (KTLM)

Gas prices in the U.S. hit a record high for the Labor Day weekend, averaging $4.14 per gallon, nearly a dollar more than last year and surpassing the previous record of $3.82 in 2012, according to AAA. The surge in prices follows U.S. and Israeli attacks on Iran, which have disrupted crude oil traffic through the Strait of Hormuz. Diesel prices also reached a national average of $5.85 per gallon, impacting transportation costs. Despite expectations for lower prices in the future, factors like refinery operations and geopolitical tensions make predictions uncertain. Drivers are encouraged to use price apps to save money.

AI summary · Source: Telemundo McAllen (KTLM)

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