Americans may spend $2 billion more on gas over Memorial Day as prices still surge

Published May 23, 2026 5:00am ET



Surging prices at the pump are not expected to deter Americans from traveling to celebrate Memorial Day, despite there being more than a dozen states projected to see record-high gasoline prices this weekend.

As the war in Iran stretches to the end of its third month, gasoline prices have soared by more than $2 a gallon since February, with the national average staying above $4.55 a gallon on Friday.

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