Gas hits ANOTHER all time high as gallon cost rockets to $4.61

Gas prices in the US soared to record heights again Sunday, reaching an all-time high of $4.61 per gallon.

The number – more than 50 percent higher than the cost of a gallon a year ago – comes as gas prices have continued to climb during Joe Biden’s presidency, and as millions of Americans are poised to travel by road for Memorial Day weekend.

Experts say that number will likely surpass the $6 mark by the end of the summer – as pump costs in West Coast cities such as Los Angeles and San Francisco already meeting that mark earlier this month. 

Last week, the price of a gallon in each of the 50 states surpassed the $4 marker – a dubious distinction never before reached.

The rising costs have forced many families to leave the car at home during the long weekend, calling off trips so rising costs don’t ensnare their inflation-affected wallets.

Gas prices in the US soared to record heights once again Sunday, reaching an all-time high of $4.61 per gallon. Pictured is a pump in Petaluma, California, where regular gas prices have already exceeded $6

‘I don’t think as many people are going to hit the road,’ said Patrick De Haan, head of petroleum analysis at GasBuddy, of citizens’ prospective travel plans this weekend.

‘And if they do, I think a good portion are going to be staying close to home,’ the gas expert told CNBC this weekend, remarking that Americans can expect a marked decrease from the usual 35 million that travel more than 50 miles for the holiday. 

‘They’re definitely should be a noticeable bump – but my impression is people are not driving as far,’ De Haan said.

‘The concern is high prices that are keeping people a little closer.’

Prices continue to be at their worst on the West Coast, with states like California and Nevada now showing new all-time highs of $6.10 and $5.27, respectively.