Gas Prices Rise as Memorial Day Approaches

Gas prices continue their upward crawl as motorists plan their Memorial Day travels. In Hampton Roads, the current average price for unleaded gasoline rests at $2.44, a five cent increase from last week and 27 cents from last month. On the brighter side, it is still $1.08 less than last year.

The national average price of gas has increased for 26 of the previous 27 days to $2.66 per gallon, which is the highest average of the year. Drivers are paying about four cents more per gallon than one week ago and 27 cents more per gallon than one month ago. However, relatively low crude costs continue to translate to significant savings at the pump for consumers. Today’s national average is about a dollar less than a year ago and is at the cheapest level for this date since 2009.

AAA predicts that in Virginia, Memorial Day holiday travel will be up 4.8%. If gas prices don’t change much by the holiday weekend, it would result in the cheapest Memorial Day gas prices in at least five years.

As part of North America’s largest motoring and leisure travel organization, AAA Tidewater Virginia provides its more than 325,000 members with travel, insurance, financial and automotive-related services. Since its founding AAA Tidewater Virginia has been a leader and advocate for the safety and security of all travelers.  For more information, visit AAA.com and follow them on Twitter at Twitter.com/AAATidewaterVA or on Facebook at facebook.com/AAATidewaterVirginia