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Business, Energy, STEM

Stable Gas Prices Greet Motorists As We Approach The 2017 Memorial Day Weekend

gas_black-female-pumping-gasWe’re almost there! For some of you, your Memorial Day Weekend begins today. For others, no real activity will commence before Friday, May 26, 2017.  Here in the United States, Memorial Day Weekend unofficially signals the beginning of the summer driving season that extends thru the Labor Day Weekend.

Although summer does not officially begin until June 21st this year – almost four weeks from now, more Americans are planning at least one road trip for the season. Here’re the prices that one can expect to see at the pump this coming weekend (Source: AAA Gas Prices):

$2.372  Current Average, Regular

$2.648  Current Average, Mid-Grade

$2.891  Current Average, Premium

$2.510  Current Average, Diesel

These gasoline and diesel prices will certainly put a smile on most motorists faces. Here’s something else that is interesting about today’s gasoline prices: the national average for a gallon of regular gasoline is not much more than it was one month ago. Unreal? It seems that way, but not really.

Here’s another look at those same gas prices over the last month (Source: GasBuddy.com):

1-month-retail-gasoline-price-chart

Keep in mind that the cost of a gallon of regular gasoline was $2.412 one month ago, and $2.304 one year ago. I expect today’s current price of $2.372 will take up a few cents between now and the end of this holiday weekend, but not much.

According to Gas Buddy.com, “For motorists hitting the road, gas prices this Memorial Day will be their second cheapest in the last decade at $2.39 per gallon, substantially lower than the ten-year average of $3.15 per gallon. Since Memorial Day 2016, the average price for a gallon of gas has fluctuated just 31 cents, dropping to the low of $2.12 (Aug 4, 2016) and rising to the high of $2.43 (April 22, 2017).”

The beginning of the summer driving season is another reason to make sure that your vehicle is road ready as the thermometer inches upward.  Even if you are planning a stay-cation for this holiday weekend, it’s a good opportunity to do some preventive maintenance on your vehicle and have it checked out for the upcoming warmer summer weather. Drivers in Arizona and the southwest are accustomed to sizzling temps during the summer, and we know all too well what that does to a vehicle’s engine, tires, and hoses.

It’s easy to talk about road trips and time spent at the beach or by the pool for upcoming holidays, however, don’t forget the purpose of the Memorial Day holiday and weekend. Memorial Day is a solemn day of remembrance for all that have died serving in the American armed forces.

On May 22, 2016, a suicide bombing was carried out at Manchester Arena in Manchester, England after a concert by American signer Ariana Grande. To date, 23 persons have died, and about 120 were injured. For those of us here in the United States, this weekend is another reminder that freedom is not free

Have a safe and enjoyable Memorial Day Weekend. Happy motoring.

 

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About Vi Brown

Vi is principal and CEO of Prophecy Consulting Group, LLC, an Arizona firm that provides business and engineering services to private and public clients. Prior to establishing her consulting practice in 2001, Vi worked with Motorola, Maricopa County Government, Pacific Gas & Electric, CH2M Hill, and Procter & Gamble. As an adjunct faculty member, Vi teaches undergraduate calculus classes and graduate level environmental courses. She is also a professional speaker.

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