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Home > Local Business News > Houston > Highest-ever gasoline prices expected this Memorial Day

Highest-ever gasoline prices expected this Memorial Day

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Texans will be paying the highest prices ever for a gallon of gasoline during the Memorial Day holiday weekend, according to AAA Texas.

This week, the state recorded an average price of $3.68 for a gallon of self-serve gas after prices climbed 15 cents. Nationally, the average price shot up 13 cents to a new record of $3.78 per gallon.

"Record gas prices and tough economic times appear to be forcing some Americans to stay home this holiday," said AAA Texas spokeswoman Rose Rougeau.

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Houston prices soared 13 cents this week to an average of $3.65 a gallon, while the Galveston-Texas City area saw a rise of nearly 11 cents to equal Houston at $3.65.


© 2008 American City Business Journals, Inc. All rights reserved.

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