Published: Tue, May 15, 2018
Markets | By Noel Gibbs

AAA Mid-Atlantic: Pump prices packing punch for motorists

AAA Mid-Atlantic: Pump prices packing punch for motorists

According to AAA, 1.9 million New England residents are expected to travel, 1.7 million by vehicle.

The average price of regular gasoline in the city Sunday was $2.73 a gallon, up a penny from seven days earlier, according to the AAA Daily Fuel Gauge Report. The average price nationally is $2.87, while California is highest in the nation at $3.69. For 2018, EIA expects USA regular gasoline retail prices to average $2.79 per gallon. Gas prices have gone up 19.8 cents from last month's average and have increased 53.3 cents from last year's average.

According to Hertz, a 40-year AAA partner, the busiest airport pick-up locations for travelers renting a auto this Memorial Day are expected to be Orlando, Las Vegas, Atlanta, Los Angeles; and Kahului, Hawaii. That is up 4.7 percent from last year despite higher gas prices, which are the most expensive we've seen in four years.

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DeHaan told 24 Hour News 8 the price of crude oil, which is now above $70 a barrel, is the biggest factor in the gas price spike. That's eight cents more than last week.

More than 41.5 million Americans will travel 50 miles (80 km) over Memorial Day weekend, the highest travel volume since 2005, when there were some 44 million travelers, according to the AAA, or American Automobile Association.

Gas prices throughout Florida averaged $2.82, up almost 10 cents for the week and the highest since November 2014.

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Most of those travelers, an estimated 1.1 million, will be driving. Hawaii at $3.67 per gallon, Washington at $3.38, Alaska at $3.31, Nevada at $3.30, OR at $3.28, Utah at $3.15, Idaho at $3.14, CT at $3.04 and Pennsylvania at $3.04.

Gasoline also will be its most expensive in years, but that won't be enough to slowing the traveling.

Before setting out for Memorial Day, download the free AAA Mobile app. Travelers can use the app to map a route, find the lowest gas prices, make travel arrangements, access exclusive member discounts, request roadside assistance and more.

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