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A costly summer sendoff approaches

Axios·September 4, 2026·1 min read
A costly summer sendoff approaches

Labor Day gas prices are slated to be the highest on record, surpassing 2012's peak, per GasBuddy and AAA. The monthly national average hit $4.07 in August, trouncing 2022's record. Diesel prices also hit a new high Friday, driving up costs across industries. The Iran war intensifies market uncertainty.

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