39 million people will travel 50 miles or more by car during the Memorial Day Weekend, up 8.3% from a year-ago and close to pre-pandemic volumes. Miles traveled by motorists rose 5.6% in the first three months of the year even as the price of a gallon of regular gasoline has jumped 50% in a year. Ten states and the District of Columbia are already paying more than $5, with California’s statewide average surging to $6 a gallon. U.S. gasoline inventories have fallen for seven consecutive weeks, to 220.2 million barrels, the lowest since December, according to the Energy Information Administration. The EIA says demand of motor gasoline is set to hit 9.12 million barrels per day (b . . .
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