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Posted May 23, 2024 Today in Energy ›

U.S. gasoline prices ahead of Memorial Day weekend are 1% higher than last year ›

On May 20, 2024, the Monday before Memorial Day, the retail price of regular gasoline averaged $3.58 per gallon (gal) across the United States, 1% higher than at the same time last year. After adjusting for inflation (real terms), average U.S. retail gasoline prices going into Memorial Day weekend are 2% lower than last year. The American Automobile Association (AAA) projects 38.4 million people will travel by car over Memorial Day weekend, an increase of 4% compared with last year and nearly 2% more than in 2019. More

Weekly U.S. average regular gasoline retail price (Jan 1, 2018&May 20, 2024)

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and the U.S. Bureau of Labor Statistics

Data Highlights

WTI crude oil futures price

5/23/2024: NA/barrel

NA from week earlier
NA from year earlier

Natural gas futures price

5/23/2024: NA/MMBtu

NA from week earlier
NA from year earlier

Weekly coal production

5/18/2024: 8.454 million tons

up0.641 million tons from week earlier
down2.339 million tons from year earlier

Natural gas inventories

5/17/2024: 2,711 Bcf

up78 Bcf from week earlier
up402 Bcf from year earlier

Crude oil inventories

5/17/2024: 458.8 million barrels

up1.8 million barrels from week earlier
up3.7 million barrels from year earlier