Gas Prices

For Pump Prices, No News is Good News

By: Andrew Gross

WASHINGTON, D.C. (May 9, 2024)—Gas prices posted a quiet week, with the national average drifting lower by three cents to $3.64 since last Thursday. Tepid pre-Memorial Day domestic demand and oil costs below $80 a barrel are the likely culprits.

“The current news cycle is jam-packed, so not having gas prices in the mix should be a welcome relief,” said Andrew Gross, AAA spokesperson. “Most consumers will probably see pump prices barely budging for now. That’s important because, on May 13, AAA will release the Memorial Day travel forecast, which could be a robust weekend for car trips. Stay tuned!”

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