A Record We Don't Want: Gas Prices at an All-Time High

Today, the average price for a gallon of regular unleaded hit $3.19 nationally — $3.196, precisely, so basically $3.20. This is the highest price of gasoline in the U.S. ever, if you don’t adjust for inflation. That adjusted number was set in 1981 at $3.223. But hey, we’ve got seven days until Memorial Day and it shouldn’t be too hard to top that figure. Let’s just hope this is the early spike some analysts were expecting for the summer and that by the July 4th holiday things will have settled down. We can hope, can’t we?

There have also been a few stories of people traveling less this year on Memorial Day, but some states like Michigan and Illinois are expecting record travel. Are any of you scaling back your travel plans because of the pain at the pump? 

Gasoline Prices at the Pump Set Record at $3.196 a Gallon (USAToday.com)