Memorial Day Weekend Gas Prices Highest in Four Years

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Prices at the pumps will be the highest in four years as the US enters Memorial Day Weekend.

On Friday, the national average price for gas reached $4.55 a gallon, $1.36 more than on the same day last year.

Four years ago to the day, the average was six cents higher—at $4.61.

“With gasoline demand on the rise and the prolonged closure of the Strait of Hormuz, pump prices are likely to remain elevated as the summer travel season gets underway,” the American Automobile Associated said.

The most expensive place to buy gas remains California, where a gallon averaged $6.13 on Friday.

The top ten most expensive states, including California, are Washington, Hawaii, Oregon, Nevada, Alaska, Illinois, Arizona, Colorado, and Ohio.

Around 45 million Americans are expected to travel at least 50 miles over the weekend, with 39.1 million travelling by car and 3.66 million by plane.

Flight costs have also risen significantly, by 21% compared to last year.

Hotel prices have increased 4.3%.

Negotiations are continuing to bring the Iran War—the cause of the spike in fuel prices—to an end.

CBS reported that military strikes are also being prepared; although no final decision has been made.

In a social-media post, President Trump said “circumstances pertaining to government” will prevent him from attending his son Donald Trump Jr.’s wedding this weekend.

Sources told CBS important members of the military and intelligence communities have also cancelled their Memorial Weekend plans.

According to CBS, “Defense and intelligence officials began updating recall rosters for U.S. installations overseas as tranches of troops stationed in the Middle East rotate out of theater, part of an effort to reduce the American military footprint in the region amid concern about possible Iranian retaliation.”

White House spokeswoman Anna Kelly said President Trump’s redlines are “abundantly clear,” and that Iran will not be allowed to develop a nuclear weapon or keep its enriched uranium.

“The President always maintains all options at all times, and it is the job of the Pentagon to be ready to execute any decision the Commander-in-Chief could make,” Kelly said.

“The President has been clear about the consequences if Iran fails to make a deal.”

On Wednesday, Iran’s Revolutionary Guards warned that a resumption of hostilities could lead to a widening of the conflict beyond the Middle East and “crushing blows… in places you cannot even imagine.”

The same day, President Trump said he was prepared to give Iran “a couple of day” to respond to the late proposal.

A response is expected to be conveyed via mediators in Pakistan.

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