The nationwide average for a gallon of regular unleaded gasoline rose to $3.875 according to AAA. That marks the 16th consecutive record for gas prices. Retail gas prices are up nearly 10% from a month ago and have climbed more than 20% in the last 12 months.
A year ago American's paid an average of $3.23 for a gallon of gas.
The result? 1 in 5 drivers are staying home this holiday weekend.
In 2007, 38.2 million people traveled away from home over the Memorial Day weekend. This year, that number is down to 37.9 million and the reason is record high gas prices.
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