US National Average Gasoline Price Jumps After US Ditches Iran Deal

US National Average Gasoline Price Jumps After US Ditches Iran Deal

US National Average Gasoline Price Jumps After US Ditches Iran Deal

The national average for regular unleaded gasoline is $2.879 at self-service pumps, according to AAA. The jump occurred following the announcement that the United States is pulling out of the agreement reached in 2016 to lift sanctions on Iran in exchange for Iran's agreement to halt its nuclear weapons development.

US travelers will hit the roads, rails and airports this Memorial Day Weekend by the largest numbers in more than a decade, despite the highest gasoline prices in four years, the nation's largest automotive advocacy group said on Monday.

The pain at the pump continues to worsen.

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Even as gas prices rise like outside temperatures, AAA analysts say they expect an additional 2 million people will take to planes, trains, automobiles and other modes of transportation.

With fuel prices nudging back towards prior records, public support for CAFE has been growing. The national average has increased 15.4 cents per gallon during the last month and stands 53.8 cents per gallon higher than this day one year ago.

Still, road travel is projected to rise 4.7% Memorial Day weekend, while air travel will rise 6.8%, AAA says. Oil prices then cooled off slightly to end last week.

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The nation's top 10 most expensive markets are: California ($3.69), Hawaii ($3.67), Washington ($3.38), Alaska ($3.31), Nevada ($3.30), OR ($3.28), Utah ($3.15), Idaho ($3.14), CT ($3.04) and Pennsylvania ($3.04). To save money, check out Roseville's lowest prices leaderboard for gasoline.

Gasoline also will be its most expensive in years, but that won't be enough to slowing the traveling. The average middle-class American is expected to save about $930 in 2018 taxes under the law, according to the Tax Policy Center.

AAA said that while the cost of staying at one of their Three Diamond hotels is down 14 percent from past year at an average price of $186 per night.

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