NewsMV
Gasoline prices for the Labor Day holiday have reached their highest levels on record.
The print lands at the peak of the summer driving season, making this holiday weekend the most expensive at the pump in memory, and it arrives as markets weigh whether energy costs are a fading tailwind or a renewed headwind for the consumer.
Labor Day marks the traditional end of summer driving. Prices set a record at that precise moment, which means the starting point for the typical post-holiday demand decline is higher than it has ever been.
How far costs fall from here is the setup.
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