Trump Scrambles to Address Record-High Gas Prices Ahead of Labor Day

President Trump is scrambling to address record-high gas prices ahead of Labor Day. The US will likely see its highest gas prices on record this holiday weekend, with a predicted price of at least $4.03 per gallon compared to last year's $3.16.

The rising cost of gasoline and diesel has put pressure on the Trump administration to come up with solutions ahead of the midterms. However, experts say that there are no easy answers to this problem, as US refiners are already running at full capacity and Venezuela's oil production is unlikely to increase significantly until 2035.

Trump took a series of actions last week, including calling refining executives to the White House, unveiling an oil deal with Venezuela, and launching new air strikes in response to Iranian attacks. However, these measures may not have a significant impact on gas prices in the short term.