Despite high gas prices, drivers aren’t expected to hit the brakes on Memorial Day travel
Summary
Despite rising gas prices, many drivers in the U.S. plan to continue traveling over the Memorial Day weekend. The national average gas price reached about $4.55 per gallon, partly because of increased tensions linked to the war with Iran.Key Facts
- Gas prices in the U.S. averaged around $4.55 per gallon as of Friday.
- Prices have increased by more than $1.50 per gallon since the war with Iran started.
- Memorial Day weekend typically sees a large number of Americans traveling.
- This year, high gas prices have not significantly reduced travel plans.
- The ongoing conflict in Iran has contributed to higher fuel costs.
- Travel demand remains strong despite the cost of gasoline.
- Gas prices affect how much people pay to drive during holidays like Memorial Day.
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