Americans hit with record-high Labor Day Weekend gasoline prices

The national average gasoline price is expected to hit $4.03 on Labor Day, according to GasBuddy analyst Patrick De Haan. This would surpass the previous record of $3.83 per gallon set in 2012.

The current national average price of gasoline stands at around $4.13 per gallon, up nearly a dollar from last year's average, as reported by GasBuddy.

Gasoline prices have been a concern for President Donald Trump and his Republican Party, with Trump accusing refiners and fuel retailers of profiting from elevated pump prices.

Brief written by urgent.news from CNBC, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.