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Story perspectives

Labor Day Gas Prices Hit Lowest Since 2020

8/28/2025

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Story summary
  • Gas prices are expected to average $3.15 per gallon this Labor Day, the lowest since 2020.
  • This summer has recorded the lowest gas prices in five years due to rising incomes and decreased costs.
  • The White House states this aligns with President Trump's commitment to lower living expenses.
  • Additional relief is anticipated with the arrival of winter gasoline in mid-September.