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  • $4.07: Labor Day gas just set a record that stood since 2012

$4.07: Labor Day gas just set a record that stood since 2012

The national average for Labor Day week came in at $4.07, a 24-cent beat on a record that had stood for 14 years.

One Number
One Number

Sep 1, 2026

4.07

COST OF LIVING • ENERGY & COMMODITIES

Last Labor Day you paid $3.15 a gallon. The one before that, $3.29. Back in January, GasBuddy forecast $2.97 for the full year—cheapest since the pandemic. Then crude ripped past $80 a barrel on Strait of Hormuz disruptions, and that forecast evaporated. The old Labor Day record was $3.83, set back in 2012 when crude topped $90 a barrel. You just topped it by 24 cents. Fill a 14-gallon tank this week and you’re paying $57 instead of the $44 you paid last September.

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In eight months, you went from a forecast of the cheapest gas since 2020 to the most expensive Labor Day fill-up in American history.

Source: AAA, National Average Gas Price, Sep. 1, 2026; GasBuddy, Labor Day Gas Price History, 2020–2025
One number. Every morning.
— Jack Corbin

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