Gas prices at highest in 4 years heading into holiday weekend
AAA said Americans will spend $2 billion more on gasoline over the four-day Memorial Day weekend as the national average reached $4.55 a gallon.
- Gas prices reached a four-year high ahead of the Memorial Day holiday, with the national average hitting $4.56 per gallon as AAA projects a record 45 million Americans will travel this weekend.
- Rising energy costs stem largely from the Iran War and closure of the Strait of Hormuz, which have caused crude oil prices to spike more than 40% from prewar levels.
- AAA reports 39.1 million people plan to drive this holiday weekend, with travelers expected to spend $2 billion more on gasoline compared to last year, straining household budgets.
- Regional prices vary significantly, with California recording the nation's highest average at $6.13 and Mississippi the lowest at $4.01, while the Georgia State Patrol increases patrols for safety.
- If the Strait of Hormuz remains closed, GasBuddy forecasts the "most expensive summer ever" at the pump, with experts predicting prices are unlikely to fully normalize until 2027.
15 Articles
15 Articles
US Gas Prices Highest in 4 Years as Memorial Day Weekend Starts
Memorial Day holiday travelers will pay prices at the pump that are the highest in four years with the prolonged fuel supply shortage caused by the closure of the Strait of Hormuz, according to numbers reported by the American Automobile Association (AAA) on May 21. The national average for a gallon of regular gas reached $4.55 May 22, about $1.36 more than the same day last year, and close to what drivers paid four years ago on Memorial Day whe…
Gas Prices at Four-Year Memorial Day Weekend High
Gas prices across the U.S. are slightly lower today, dropping by one cent ahead of the busy Memorial Day travel weekend. Still, drivers are paying some of the highest prices seen in the past four years. According to Triple-A, the national average for a gallon of regular gas now stands at four-dollars-and-55 cents. That’s up a dollar-37 compared to this time last year and only six cents lower than the record-setting prices seen in 2022. Experts s…
Missouri gas prices hit highest Memorial Day weekend average in four years - KBSI FOX23 News Cape Girardeau News
JEFFERSON CITY, Mo., (KBSI) — Memorial Day weekend gas prices in Missouri have reached their highest levels in four years as travelers prepare to hit the road for the holiday, according to AAA. AAA said the statewide average price for regular unleaded gasoline in Missouri is $4.19 per gallon, up 2 cents from last week and $1.32 higher than this time last year. Among Missouri metro areas surveyed, drivers in Jefferson City are paying the highest …
Cincinnati Enquirer
USA TodayOhio gas prices among highest in nation as Memorial Day travel starts
Gas prices are at their highest level in four years for Memorial Day weekend, AAA reports. And Ohio as some of the most expensive gas in the nation.
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