Up, Up, and Away: U.S. Gas Prices Hit Another Record-High

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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.

 

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1,75 on election day. Sioux city Iowa

If only some people on here had any common Sense on how gas prices work.

Look at that face , the devil sucked him almost dry, He is just a husk with no soul..

just one reason among many to say: Let's Go Brandon

Don't worry it will go higher... sad that we're paying for Joe's gas..

It’s all part of his transition policy that China paid so much for. Joe is true to his word when it comes to money just ask his drug addicted dishonorable son.

I think the govt owes me money for their incompetence

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