Why Gas Prices Are 31 Percent Higher Than Last Memorial Day
29 May, 2018, 00:49 | Author: Regina Lloyd
AAA says that fifteen states, including New York, New Jersey and IL, are already facing $3 average gas prices or higher.
Many other drivers agreed that high gas prices weren't going to slow them down. As of Friday afternoon, the average price of regular gas in the area was $2.90, up from $2.15 on May 25, 2017. Here, in the state, the average price per gallon is $3.15.
AAA estimates almost 41.5 million Americans will travel by vehicle this holiday weekend.
Despite all these potential problems, hassles and headaches, none of it is keeping the majority of holiday travelers at home.
"Gas prices are typically pretty volatile in the spring time because maintenance that's going on at hte refineries and the refineries are also switching over to the more expensive summer-blended gasolines", said Stephanie Milani from AAA.
However, rising gas prices don't seem to be impacting holiday travel.
However, those prices at the pump can always be higher: Consider that on September 15, 2008, drivers were forking out an average of $4.085 per gallon in North Carolina. "Trends are indicating that this summer is likely to bring the national average to at least $3 per gallon".
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