The average price for a gallon of regular unleaded gas hit a record $3.196, not accounting for inflation, according to the AAA and Oil Price Information Service. If using inflationary terms, 1981's $3.223, we're probably going to surpass that quite soon, heading into the Memorial Day weekend.
If you read Brian White's Gasoline prices go off the deep end on May 7th, you would have read nationwide gas prices surged to $3.07. In just two weeks we've seen a 12 cent bump, and some analysts don't expect the momentum to stop.
According to an AAA survey, some 38.3 million Americans are expected to drive more than 50 miles or more during the Memorial Day weekend, up 1.7% from last year.
With gas prices growing ever so quickly, where do you stand? Do you plan to cut down your traveling this weekend? Will the growing prices reduce your driving habits at all?
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