Gas Prices Hit Record Highs | Greenville News

Gas prices hit record highs this Labor Day weekend, with average fuel costs soaring to $4.14 per gallon — shattering the 2012 record — while diesel reached an all-time high of $5.85. The spike is driven by global supply disruptions, particularly from the Iran conflict and closure of the Strait of Hormuz. But there’s a silver lining: futures markets predict a drop of over 30 cents per gallon in the next two months, offering hope that relief may be on the horizon — even as your wallet feels the squeeze today. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/93cdb053e6e892c0