Americans are expected to pay $2.98 per gallon during Memorial Day weekend, the highest price on record for the May holiday weekend since 2014, according to AAA.
A month ago, before the cyberattack on the Colonial Pipeline, causing it to shut down, AAA reports that the average price of regular gas per gallon was $2.88.
“AAA expects 37 million Americans to travel, mostly by car and plane, for the Memorial Day holiday weekend. That is a 60% increase over last year’s holiday and a strong indication that summer travel is going to be largely popular,” said Jeanette McGee, AAA spokesperson. “With the increase in travel demand, gas prices are going to be expensive no matter where you fill up, so plan ahead. The AAA app can help to find the best price.”
While the Colonial Pipeline is back in operation and deliveries are in progress, some stations in the southeast continue to experience supply strain. This is likely to extend into the holiday weekend, but motorists will be able to fill-up.
“Holiday road trippers may come across some gas stations with low fuel supply in popular travel destinations, like beaches, mountains or national parks. However, markets are not expected to be fuel-less, like we saw in the wake of the pipeline shutdown,” added McGee.
The nation’s top 10 largest weekly changes: Hawaii (+4 cents), Indiana (-4 cents), California (+3 cents), Oregon (+3 cents), Colorado (+3 cents), Maryland (−3 cents), Georgia (−3 cents), Oklahoma (−3 cents), Illinois (−3 cents) and Wisconsin (−2 cents).
The nation’s top 10 least expensive markets: Louisiana ($2.71), Mississippi ($2.71), Missouri ($2.73), Texas ($2.74), Oklahoma ($2.75), Arkansas ($2.76), Kansas ($2.83), Minnesota ($2.83), Alabama ($2.83) and North Dakota ($2.84).
Memorial Day is a federal holiday in the United States for honoring and mourning those
who died while serving in the U.S. Military. Many Americans observe Memorial Day by visiting cemeteries or memorials, holding family gatherings and participating in parades. Unofficially, it marks the beginning of the summer season.