GasBuddy, North America’s trusted fuel savings platform for more than 25 years, today released its annual Labor Day gas price forecast, predicting that average gas prices on the last summer holiday weekend of 2026 will be $4.03 per gallon, 87 cents higher than in 2025, and the highest Labor Day price at the pump on record in nominal terms, surpassing the previous record of $3.83/gal in 2012.
5 Years of Average Labor Day Gas Prices:
2022: $3.79/gal
2023: $3.77/gal
2024: $3.29/gal
2025: $3.16/gal
2026: $4.03/gal (projected)
august gas prices set a new record: the national average in august was $4.056/gal, beating 2022's august record ot $3.940/gal, costing Americans $1.35 billion more than august 2022, or $10.51 billion more than august 2025
— Patrick De Haan (@GasBuddyGuy) September 1, 2026
diesel prices have surged since the U.S. attacked Iran and the Strait was closed. the West has been hit hardest with prices up over $2/gal since the start, but every state is at least $1.35/gal higher. Top 15 jumps to average diesel prices: pic.twitter.com/RDOxduyvmy
— Patrick De Haan (@GasBuddyGuy) August 31, 2026