JOURNAL ARTICLE

AAA Forecasts Record Memorial Day Drivers Despite High Gas Prices.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kubzansky, Will 3 of 3

Abstract

The article focuses on the projected trends in U.S. auto travel and gasoline demand over Memorial Day weekend amid rising fuel prices. The American Automobile Association (AAA) forecasts 39.1 million people will drive at least 50 miles during the holiday, marking the slowest growth in a decade except for 2020. Gasoline prices have surged above $4.50 per gallon due to geopolitical tensions related to the Iran war, impacting fuel supply and costs, while diesel and jet fuel prices have also risen significantly. Despite high prices, seasonal gasoline demand remains near average levels, though lower-income households have reduced consumption. National gasoline stockpiles are at historically low seasonal levels, raising concerns about future supply. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/05, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:193657730
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