Gasoline prices are slightly lower than five weeks ago but remain higher than last year's Memorial Day prices.
The average retail price of a gallon of regular gasoline in the United States was $3.58 on the Monday before Memorial Day , which was 1% higher than last year’s pre- Memorial Day gas price, the U.S. Energy Information Administration EIA said on Thursday. Over the past five weeks, Middle East tensions have eased, while U.S. refinery activity has increased after the end of seasonal maintenance, contributing to a 2% decline in average retail gasoline prices , the administration noted.
The average American traveler has two road trips planned, with many venturing far – 49% expect to drive 5 or more hours to reach their destination, according to the survey. GasBuddy expects the national average price of gasoline will hold in the mid-$3 per gallon range for much of the summer, with potentially tens of thousands of stations falling below $3 per gallon throughout the next several months. GasBuddy forecasts that gas prices will average $3.
Gasoline Prices Memorial Day United States Demand EIA Geopolitics Oil Prices
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Gasoline Prices Set for Slight Drop Ahead of Memorial DayGasoline prices in the United States are set for a slight drop ahead of Memorial Day weekend according to the head of petroleum analysis at GasBuddy.
Read more »
Americans Set for Near-Record Summer Road Trips as Gasoline Prices FallA near-record number of Americans are projected to take road trips this summer as gasoline prices continue to drop.
Read more »
American Gasoline Prices Fall for 4th Straight WeekPrices at the U.S. pump have fallen for four straight weeks, dropping another 3.5 cents from a week ago, down to $3.55 per gallon on Monday
Read more »
The Low Moor Memorial, Birkenshaw: The memorial to explosions which caused devastated across BradfordOn August 21, 1916, at 3.16pm, the first of a series of explosions ripped through a chemical works in the Low Moor area of Bradford.
Read more »
Best Memorial Day Sales of 2024 to Shop Before Summer Starts · TIME StampedDiscover the best Memorial Day sales of 2024. We've rounded up the deepest discounts on apparel, home goods, gadgets, and more.
Read more »
My all-time favourite office chair has 20% off for Memorial DayBeren has worked on creative titles at Future Publishing for over 13 years. Cutting his teeth as Staff Writer on the digital art magazine ImagineFX, he moved on to edit several creative titles, and is currently the Ecommerce Editor on the most effective creative website in the world.
Read more »