With Gasoline Holding Steady, Americans Prepare to Hit the Road

  • National average gasoline price nearly the same as in January
  • 82% to take trip this summer, most to take two: GasBuddy
Photographer: Patrick T. Fallon/Bloomberg
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The typical 50-cent spring surge in gasoline prices hasn’t happened this year, and American drivers are gearing up for summer road trips as the Memorial Day weekend approaches.

Regular gasoline averaged $2.367 a gallon Tuesday, according to the American Automobile Association -- up just 2.5 cents from Jan. 1 and within 8 cents of the five-year low for the date. The price has stayed in a range of 16.1 cents, from $2.262 to $2.423, versus a year-earlier range of almost 60 cents.