A customer gets gas at a Shell station on May 15, 2024 in Miami, Florida. Memorial Day weekend promises to be a big one for road trips, and that means gas prices are going to jump.
It’s worth noting that recent memory puts a different spin on “spike.” Just two years ago, inflation and super-high oil prices contributed to sky-high gas prices. On Memorial Day in 2022, a gallon of regular gas cost $4.62 on average, according to a review of EIA data. Just two weeks later, the national average hit a record $5.01 per gallon.for all goods and services showed an annual inflation rate of 9%. But prices for all types of gasoline had risen 60%.
That national average masks a huge range in state-by-state prices, from just a shade over $3 in Mississippi to more than $5 in California.Taxes, which vary state to state.
Holiday Holiday Latest News, Holiday Holiday Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: wsyx6 - 🏆 444. / 53 Read more »