As per the suggestions of experts, the predictions that the gas prices will be lowered this summer season as compared to last three years in US might be true but it will not make any kind of difference as it will not get translated to savings on the occasion of Memorial Day weekend.
Michael Green, a spokesperson from AAA, said, "Motorists this year are facing rising gas prices heading into the Memorial Day holiday". Green further added that rather this year seems to be most expensive since 2011.
The records of gas production reveals that prices of gas in earlier years have reduced comparatively due to coming of early summers as the oil refineries were able to produce more than expected gasoline and thus met the increasing summer demand.
The lead analyst of the report Chuck Bonner suggests that people should prepare for the Memorial Day driving by filling up gas today only. He is of the view that the retail prices of the gas might have stabilized in the Midwest but it will keep on increasing on the East Coast, West Coast, and Gulf Coast. Some areas might see a double-digit price hike, added Bonner.
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