Gas prices remain steady ahead of Memorial Day weekend

Gas prices remain steady ahead of Memorial Day weekend

Banking & Financial Services
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Marshall L. Doney President and CEO | AAA, FL

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The national average price for a gallon of regular gasoline has remained unchanged from the previous week at $3.19, providing relief to the record number of drivers planning to travel during the Memorial Day weekend. This marks the lowest Memorial Day gas prices since 2021 when the average was $3.04 per gallon. The current situation is attributed to a crude oil supply that is exceeding demand.

In addition, the cost of electricity at public electric vehicle charging stations has also remained stable over the past week, with an average rate of 36 cents per kilowatt hour.

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