US gas prices could hit record high just in time for Memorial Day … - Seattle Times

American drivers nationwide could face record gas prices at the end of this month, just in time for Memorial Day weekend travel. The AAA auto and travel club says gasoline prices already have reached a record high in Washington, averaging $3. Gas prices have surged 30 cents per gallon since early April to a national average $2. Gasoline stockpiles in the United States have dropped by 15 percent since early February amid an unusually high number of refinery outages, along with strong demand and low imports. AAA said it was “alarming” that gasoline prices were rising so high without the backdrop of a major geopolitical or natural event to disrupt supply, like a hurricane or a new military flare-up in the Middle East. read more

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