U.S. gas prices bounced to a fresh record high again Sunday, touching an all-time peak of $4.61 per gallon. That is more than 50 percent higher than the cost of a gallon a year ago!
“They’re definitely should be a noticeable bump, but my impression is people are not driving as far. The concern is high prices that are keeping people a little closer. There’s also work-from-home that changed things. There’s a strong subset of people that can basically work from the road all the time.”
Vehicles drive on the Capital Beltway, Interstate 495 ahead of the Memorial Day weekend, May 27, 2022 in McLean, Virginia. Despite record high gas prices AAA predicts Memorial Day car travel to be the busiest since 2019 with over 34 million Americans traveling greater than 50 miles. AAA expects 39.2 million people in total will travel 50 miles or more this weekend, an increase of 8.3 percent over last year. Of that, there are expected to be 4.6 percent more drivers on the road during the three-day weekend, but that number is still down 7.2 percent from 2019, according to the report.
Across the U.S., prices vary widely, with a high $6.07 per gallon average in California and $4.13 per gallon in Georgia. As high prices impact consumers, analysts say they will not fill up their vehicles as often, and that reduced demand could act to curb the pace of further price increases.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
At Least 21 Shot Friday into Sunday Morning in Lori Lightfoot's ChicagoAt least 21 people were shot, four of them fatally, Friday into Sunday morning in Mayor Lori Lightfoot’s (D) Chicago.
Read more »
Indy 500 eyes racing records, returning crowd Sunday at Indianapolis Motor SpeedwayThis year’s race has the fastest field in history. Some 20 drivers, maybe more, are legitimate contenders to win as about 300,000 people are expected to be in the stands.
Read more »
10 deals you can't miss on Sunday: Bose headphones, $179 Roomba, Instant Pots, moreAmazon deals of the day on Sunday include Bose headphones, Instant Pots, AirPods Pro, and so much more you need to see.
Read more »
Uvalde school shooting: President Biden to visit grieving community SundayTexas Department of Public Safety Director Col. Steven McCraw on Friday gave a detailed timeline of the mass shooting at Robb Elementary School on May 24 that left 19 children and two teachers dead.
Read more »
Uvalde faith leaders prepare to address congregations SundayA pastor's message will be about helping people reflect on what has happened in their small town and what it will take to move forward.
Read more »
Cubs, Seiya Suzuki Face IL Decision Sunday; Wade Miley Call Also LoomsThe Cubs face possible injured list moves with Seiya Suzuki and Wade Miley as soon Sunday.
Read more »