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Oregon Labor Day Travelers Face Record-High Gas Prices
AAA said the national average of $4.14 a gallon and higher Northwest costs will set a new Labor Day record, driven by supply and pipeline concerns.
Millions of Americans face record-breaking gasoline prices this Labor Day weekend, with the national average hitting $4.14 per gallon, according to AAA, marking the first time prices topped $4 during the holiday.
Global crude oil prices jumped back over $90 a barrel this week, driven by renewed military action between the U.S. and Iran near the Strait of Hormuz, which revived concerns about supply disruptions.
Washington state gas prices averaged $5.48 per gallon as of Friday, while Oregon's average reached $4.99, according to AAA, reflecting some of the nation's highest costs.
High fuel costs and expensive travel services have prompted some travelers to cancel plans this holiday. "Honestly, everything is way too expensive for me to be traveling," said Corey Harper.
Dwindling summer-blend gasoline supplies and operational issues at the Olympic Pipeline contribute to price spikes, with few policy levers available to effectively boost fuel availability.