Here’s what to expect for gas prices this Memorial Day
CNN
Gas prices are holding steady for the nearly 40 million Americans expected to hit the road on Memorial Day.
Gas prices are holding steady for the nearly 40 million Americans expected to hit the road on Memorial Day. The average cost of a gallon of regular unleaded in the United States on Sunday was $3.18, according to AAA, the lowest over a Memorial Day weekend since 2021, when the average was $3.04. Gas prices are sharply lower compared with this time last year, when the national average was roughly $3.59, and far lower than 2022, when the average was $4.60. More Americans are expected to be on the road over Memorial Day weekend. AAA estimates about 39.4 million Americans will be driving, an increase of 1 million, or about 3%, from 2024, and a 4.6% increase from 2019. Low gas prices have been a bright spot for the US economy amid an overall gloomy outlook due to President Donald Trump’s trade war and a decline in consumer sentiment. AAA noted the cost of gas hasn’t seen its usual seasonal spikes.
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