ECONOMY
United States faces costliest Memorial Day gasoline since 2022
PUBLISHED May 25, 2026, 11:46 AM ET
Read, Watch or Listen
Americans are paying an average of $4.51 per gallon for gasoline on Sunday, May 25, 2026, making this Memorial Day weekend the most expensive at the pump in four years, according to AAA. Prices are being driven by the ongoing U.S.-Israel war with Iran and the near-total closure of the Strait of Hormuz since February 28, which has disrupted 10 to 11 million barrels per day of crude oil flows. Brent crude slipped below $100 and WTI neared $91 on Memorial Day amid tentative peace talk optimism, but experts warn that even if a deal is reached, pump prices may take months to normalize.
By Sidra | JQJO News
Timeline of Events
- 2022 Previous most expensive Memorial Day gasoline
- Feb 28, 2026 Strait of Hormuz effectively closed
- Since Feb 28, 2026 Ten million barrels daily exports halted
- Sunday, May 25, 2026 US gasoline averages $4.51 gallon
- Memorial Day 2026 Brent crude drops below $100
- Memorial Day 2026 WTI crude falls near $91
- Memorial Day 2026 GasBuddy projects $4.80 summer average
- Recent CBS polling Most Americans report fuel hardship
News Intelligence
- This spike in gas prices hits your wallet hard. It's not just about filling up your car. Higher fuel costs can drive up prices for goods and services across the board. Keep an eye on your budget and consider ways to conserve fuel, like carpooling or using public transit.
Comments