Another factor that has caused high gas prices has been money which has continued to flow into commodities as bets for higher oil prices rise, according to DeHaan.
One of the most important issues to watch: will US allies heed President Trump's warning to curb Iran's oil exports by following USA sanctions? Motorists will experience the most expensive Memorial Day gas prices since 2014.
Gas prices averaged $2.72 in April, AAA said, an increase of 33 cents from past year due to rising crude oil prices and strong gasoline demand. AAA expects 1.3 million people will take a trip during the holiday weekend, up 5 percent from past year and the highest since 2005. Almost 87 percent of those travelers will be driving.
The nation's top 10 states with the largest weekly increases are: OH (+15 cents), Missouri (+12 cents), Kentucky (+11 cents), Minnesota (+11 cents), DE (+10 cents), Florida (+10 cents), Colorado (+9 cents), Maryland (+8 cents), Oklahoma (+8 cents) and West Virginia (+8 cents). The current average is $2.94 per gallon, which is up more than 60 cents per gallon from this time past year.
About 89 percent of Florida travelers drive during Memorial Day weekend compared with about 8 percent who fly.
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The No. 1 destination for Americans for the holiday weekend, according to AAA? Gas prices have gone up 53.5 cents since past year and is up 16.2 cents since last month.
Daily local news headlines from across Gwinnett County. Consider leaving early in the morning or later in the evening Thursday (May 24) or Friday to avoid the worst of the traffic, AAA says.
Orlando will also have the busiest airport this Memorial Day weekend.
Before hitting the road, make sure your vehicle is road-trip ready.
AAA recommends drivers get their battery tested, check for engine coolant leaks and examine the condition of their tires. And New Yorkers could see their delays triple. Be prepared for emergencies with a mobile phone and auto charger, flashlight with extra batteries, first-aid kit, basic toolkit, and drinking water and snacks for all passengers.