Gas averaged more than $4 a gallon every day in August, a first. Will the U.S. national average fall below $4 by Sept 8?
95% of users predicted NO — the community got this one right. 20 predictions cast.
The U.S. national average price for regular gasoline remained above $4 a gallon through the September 8, 2026 deadline, standing at roughly $4.14 to $4.15 per gallon over Labor Day weekend and holding near that level into Sept 8-9, according to AAA and GasBuddy data cited by CNBC. It was the first time gas prices had ever topped $4 on Labor Day, extending a run of daily averages above $4 that began in August. The elevated prices stemmed from a supply shock tied to conflict in the Middle East: strikes affecting the region disrupted tanker traffic and pushed crude oil prices higher, while constrained U.S. refinery capacity added further pressure. Diesel prices simultaneously hit a record high. In response, President Trump met with refining and fuel-distribution executives at the White House in early September to discuss expanding refining capacity and easing regulations to speed fuel deliveries, though no quick fix was available. The community correctly anticipated the outcome, with only about 5 percent predicting gas would fall below $4 by Sept 8.