The cost for a barrel of oil remained stable last week, as well, and closed at $96.02 on the New York Mercantile Exchange — 2 cents less than the week prior.
"People who plan to enjoy Memorial Day weekend will likely see stable prices at the pump and shouldn't expect prices to spike, barring any unforeseen events that endanger fuel supplies," said Jessica Brady, AAA spokeswoman, The Auto Club Group. "Although gas prices are nearing year-ago levels, they are not expected to deter holiday travelers from enjoying the three-day weekend."
The national average price of regular unleaded gasoline is $3.65, 7 cents more than last week. Florida's average of $3.46 fell 1 cent from last week. Georgia's average of $3.45 and Tennessee's average of $3.26 increased 1 cent from last week. Visit AAA's Daily Fuel Gauge Report to find national, state, and local metro market retail gasoline prices.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
Current Week Ago Month Ago Year Ago
National: $3.649 $3.576 $3.506 $3.701
Florida: $3.464 $3.471 $3.488 $3.566
Georgia: $3.447 $3.435 $3.350 $3.476
Tennessee: $3.261 $3.254 $3.297 $3.428
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