Fuel prices at record Labor Day high in US thanks to Iran War and refinery issues - apnews.com
U.S. gas prices have reached record highs for the Labor Day weekend, driven by ongoing geopolitical tensions in the Middle East and refinery issues. Experts cite the conflict involving Iran and the Strait of Hormuz as primary factors for the sustained price surge.
Why it matters
Rising fuel costs impact consumer spending power and inflation, serving as a critical economic indicator for the U.S. economy.
By JEFFREY COLLINS Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] --> Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. --> Share
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.
The average price of regular gas was $4.14 a gallon heading into the holiday, nearly a dollar higher than last year and well above the Labor Day weekend record of $3.82 from 2012, according to AAA motor club .
Nicole Collins planned to head from Philadelphia to South Carolina to visit friends, but she said her family has spent most of the summer close to home and not taking their typical weekend trips because driving has gotten so expensive.
Also covering this story
4 other newsrooms covered this event. We read each version separately.
Gas prices hit record high for Labor Day weekend
How are US-Iran strikes impacting gas prices for Labor Day?
Fuel prices at record Labor Day high in US thanks to Iran War and refinery issues
Fuel prices at record Labor Day high in US thanks to Iran War, refinery issues
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