Gasoline hits record high during Memorial Day weekend - News Summed Up

Gasoline hits record high during Memorial Day weekend


Hitting the road this Memorial Day weekend is expected to be expensive for the more than 39 million people who will be on the move. The price of diesel slipped slightly in the past week and was at $5.529 this weekend. RECORD HIGH PRICES THREATEN MEMORIAL DAY PLANSDrivers were paying $3.04 for a gallon of gas on average a year ago at this time. MEMORIAL DAY WEEKEND: TIPS FOR DRIVERS AND FLIERSU.S. crude oil prices were relatively stable in the post week, but are up nearly 60% in 2022. GasBuddy’s survey found that Memorial Day weekend will be the most popular travel weekend of the summer, but respondents still expressed concerns about the an inflation rate that's hit a 40-year high .


Source: Fox News May 29, 2022 13:05 UTC



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