CAP en Español
Small CAP Banner

Idea of the Day: Americans Will Face High Gas Prices on Memorial Day

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon
idea light bulb

Nearly 35 million Americans are expected to travel 50 miles or more this Memorial Day weekend to visit family and friends and enjoy the outdoors, according to AAA. Nearly 90 percent of them will likely to drive to their destination, filling up their tanks with expensive gasoline or diesel fuel before hitting the road.

Gasoline prices averaged $3.66 per gallon nationwide on May 21, 2013, which is 2 cents per gallon lower than they were a year ago when the price per gallon was $3.69. But experts predict that prices will plateau or increase throughout the summer, providing little relief at the pump for American families during this vacation season. These high prices enable the five biggest oil companies—BP, Chevron, ConocoPhillips, ExxonMobil, and Shell—to reap huge profits even though they are producing less oil worldwide than this time last year.

For more on this topic, please see:

To speak with our experts on this topic, please contact:

Print: Liz Bartolomeo (poverty, health care)
202.481.8151 or

Print: Tom Caiazza (foreign policy, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Allison Preiss (economy, education)
202.478.6331 or

Print: Tanya Arditi (immigration, Progress 2050, race issues, demographics, criminal justice, Legal Progress)
202.741.6258 or

Print: Chelsea Kiene (women's issues,, faith)
202.478.5328 or

Print: Beatriz Lopez (Center for American Progress Action Fund)
202.741.6255 or

Spanish-language and ethnic media: Rafael Medina
202.478.5313 or

TV: Rachel Rosen
202.483.2675 or

Radio: Sally Tucker
202.481.8103 or


This is part of a regular column: Idea of the Day

For more from the same column, click here