U.S. drivers to get hit by soaring pump prices over Memorial Day holiday

Published by
Reuters

By Stephanie Kelly NEW YORK (Reuters) – U.S. motorists will see the highest gasoline prices in seven years when they hit the roads this Memorial Day weekend, the traditional start of the summer driving season, as fuel demand surges alongside coronavirus vaccination rates. Retail gasoline prices are at about $3.04 a gallon on average nationwide, the most expensive since 2014, data from the American Automobile Association showed. And after a year of lockdowns to curb the coronavirus pandemic, tens of millions of American road-trippers are expected to be stung by those prices: More than 34 millio…

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