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Memorial Day Gasoline Prices Are At An All-Time High

By Tesvetana Paraskova of OIlPrice.com

Inflation-adjusted – or real – gasoline prices in the United States heading to the Memorial Day weekend are at their highest in a decade, at a national average of $4.59 per gallon, the Energy Information Administration said on Friday.

On a nominal basis, this price is the all-time high price for gasoline recorded in EIA’s weekly Gasoline and Diesel Fuel Update, which dates back to 1990.

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