Gas prices hold steady to kick off Memorial Day weekend: AAA

Motorists are ready to hit the road this summer and cheaper gas will help. (iStock)

Gas prices held steady to officially start the summer holiday driving season, according to the latest AAA report

The national average cost for a gallon of gas was $3.61, a slight one-cent increase from the previous week. However, AAA said that gas demand is expected to rise in the run-up to this weekend. A record 38.4 million drivers are expected to kick off the official start to the summer driving season, hitting levels not seen since before the pandemic.

Gas demand rose unexpectedly to 9.31 million barrels per day from 8.87 million barrels per day last week, according to new data from the Energy Information Administration (EIA). Lower oil prices could cause pump prices to remain flat for now, even as demand for gas increases.

“Since the pandemic, the summer driving season has not seen a…

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