AAA: Gas prices may rise 5-10 cents by Memorial Day
Sunday’s gas price averages in many Mid-Atlantic states are even with last week. Today’s national gas price average is $2.81, which is the same as last week, up 15 cents in the last month and 46 cents higher than this time last year. Today’s price is 14 cents higher than last year’s highest price, which was $2.67 on September 8, 2017.
Today’s Virginia average is $2.62 per gallon, which is the same as last week, an increase of 15 cents in the last month and 45 cents higher than one year ago.
“We expect prices to continue increasing, potentially another 5 to 10 cents, through Memorial Day,” said Tammy Arnette, senior public affairs specialist for AAA Mid-Atlantic. “Even with gasoline demand remaining flat during the past two weeks, the national gas average increased five cents in the past two weeks with other factors driving prices, including the switchover to summer blend, geopolitical events, global supply and U.S. production. While at least nine states have hit the $3/gallon mark, AAA does not expect the national average to reach $3/gallon this year.”
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