Gas Prices Hit Record Highs This Labor Day | Panama City Beach News

Gas prices hit record highs this Labor Day weekend, averaging $4.14 a gallon—surpassing the 2012 peak—and diesel soared to $5.85. Blamed on global supply crunches fueled by Iran’s conflict and Strait of Hormuz closures, relief may be on the horizon: futures show prices could drop by over 30 cents in two months, hinting at a potential decline ahead. 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/20c0e93a57caab98