In its latest projections, the U.S. Energy Information Administration forecast that gas prices would average $2.90 a gallon for the summer driving season this year (April through September) and reach a peak average of $2.97 a gallon in June.
Those numbers come from AAA, which reported that regular gasoline was going for $3.27 per gallon in the Tri-Cities on Wednesday, up from $2.75 previous year this time.
In addition to the fact that simply, more people are driving, the organization says that the price of crude oil is up 50% over past year.
In 2014, the average price of gas this weekend was $3.48. MS is the cheapest place to buy gas in America, with an average price of $2.654 a gallon.
AAA Mid-Atlantic says that almost 90 percent of travelers will pay the highest gas prices since 2014 when they hit the road this weekend.
Despite all these potential problems, hassles and headaches, none of it is keeping the majority of holiday travelers at home.
The prices are steeper than what we've seen in the past three years.
Holly Brazeal is ready to hit the road this holiday weekend.
AAA-Michigan spokesman Gary Bubar says gasoline prices rarely figure in people's travel plans.
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Part of the problem is that the rules are so complicated that companies may find it hard to know for sure if they comply. Some are obvious, such as to fulfill contractual obligations - for instance, when an insurer pays out a claim.
"We have noticed gas prices have gone up quite a bit". A price of $2.66 per gallon was available at Valero, 1000 W. Stan Schlueter Loop, and CEFCO, 3309 S. Fort Hood St.
Jackson added that she'd like to go SC for the holiday, but gas prices are so high she sometimes has to choose between activities. According to AAA, the average daily cost to rent a auto is down 11 percent from a year ago.
"Typically more than our regular weekend we'll come up aside from the holiday weekend, as well Memorial Day, Fourth of July, it's always hiked up", said Mitch Kujawa.
In addition to those on the road, AAA is estimating that 3.1 million Americans will take to skies this weekend and 1.8 million will use trains, buses and ships - bring the total estimated number of Americans traveling this weekend to around 42 million.
"It's been raining and cold all winter, so this is great, we're taking advantage of the day", says Randy Quinn. If they're under-inflated, it creates more friction between the rubber and the road, so it puts more drag on your vehicle and you're losing those miles per gallon.
For New Yorkers looking to get out of the city, the worst travel will hit Friday from 3:30 p.m.to 6:30 p.m., reports CBS2's Cindy Hsu.
Jackson, who was pumping gas at $2.65 a gallon Thursday at the Food City on Euclid Avenue in Bristol, Virginia, said she couldn't afford to fill her tank.
Memorial Day is viewed by many to be the unofficial start of summer, with the long weekend giving way to many traveling across the country.