Memorial Day Travelers to Pay Highest Gas Prices in 7 Years

Motorists this week will be greeted with the most expensive Memorial Day weekend gas prices in the last seven years after the Colonial Pipeline shutdown, The Hill reports quoting AAA.

Although the national average has stabilized a penny to $3.03 over the past weekend, the first decrease in two weeks, following the Colonial Pipeline cyberattack, AAA reported the current average gas price is $3.04 compared to $1.97 during the holiday weekend last year, seriously affecting the 34 million Americans expected to travel by car this weekend, almost 60 percent more compared to last year.

AAA spokesperson Jeanette McGee said AAA expects 37 million Americans to travel, mostly by car and plane, for the Memorial Day holiday weekend which is a 60% increase over last year’s holiday and with the increase in travel demand, gas prices are going to be expensive no matter where you fill up, pointing that the AAA app can help to find the best price.

Yet, the prices of gas are not the only travel expense going up this weekend with airfares, Airbnb bookings and car rentals all expected to spike over the weekend.

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