Gas Prices Surge 43% Ahead of Memorial Day Weekend
AAA data: Gas is up 43% from last Memorial Day

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As Memorial Day weekend approaches, gas prices have surged to an average of $4.55 per gallon, marking a 43% increase from last year. With 39.1 million travelers expected to hit the roads, this year's prices are comparable to the record highs seen in 2022, driven by ongoing geopolitical tensions, including the Iran War.
- 01The average price for regular gas is currently $4.55 per gallon.
- 02Last year's gas prices averaged $3.19 per gallon during Memorial Day weekend.
- 03In 2022, Memorial Day gas prices peaked at $4.61 for regular and $5.53 for diesel.
- 04The increase in prices is attributed to the ongoing Iran War, which is nearing its third month.
- 05AAA estimates that 39.1 million travelers will be on the roads this weekend.
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This Memorial Day weekend is projected to be one of the most expensive in recent history, with gas prices reaching an average of $4.55 per gallon, a 43% increase compared to last year. Approximately 39.1 million travelers are expected to travel by road, contributing to the high demand for fuel. The current prices are comparable to the record highs experienced in 2022, where regular gas averaged $4.61 and diesel $5.53 per gallon. The surge in prices is primarily driven by the ongoing Iran War, which is set to enter its third month next week, impacting global oil supplies.
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High gas prices could affect travel plans and budgets for millions of Americans during the holiday weekend.
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