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flag Gas prices are forecast to reach a 12-year low at Memorial Day, averaging $3.08 per gallon.

flag Gas prices are expected to hit their lowest levels in four years just in time for Memorial Day, with the national average projected at $3.08 per gallon. flag This is the lowest price since 2021 and the cheapest since 2003 when adjusted for inflation, excluding the pandemic period. flag The decline is attributed to a 20% drop in U.S. oil prices, partly due to increased production by Saudi Arabia and OPEC and concerns about President Trump's tariffs. flag Renting cars and staying in hotels may also become more affordable.

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