AAA data shows the national average is $2.81 per gallon, also the highest level since 2014.
“AAA projects pump prices will climb another five to 15 cents through Memorial Day, then stabilize for the summer; however, prices could spike again due to robust demand and/or world events,” says Marie Dodds, public affairs director for AAA Oregon/Idaho. “AAA does not expect the national average to top $3 a gallon this year, barring unforeseen events.”
AAA said the increases can be largely attributed to the switchover to more expensive summer-blend gasoline. Stations must begin selling summer-blend gasoline by June 1.