Denver gas prices rise ahead of Memorial Day weekend. Heres where to find the lowest prices.

Are you planning for a drive this weekend? Memorial Day is one of the most common times to take a road trip. Colorado’s roads, especially those leading to national parks, could be packed.

AAA expects more than 37 million people to travel 50 miles or more this coming weekend. That’s a 60 percent increase from 2020, when only 23 million traveled, the lowest number since AAA began recording in 2000.

If you’re fueling up before you go, you will notice that Denver gas prices continue to rise. In the past week, gas prices have gone up 2.6 cents per gallon in the Mile High City, averaging $3.05 per gallon.

According to GasBuddy, Denver’s prices are 13.8 cents per gallon higher than a month ago and stand $1.17 per gallon higher than a year ago.

The cheapest stations in the metro are priced at $2.79 per gallon on Monday. You can get that price at several stations north of Denver: Costco in Westminster, Superior and Thornton or Sam’s Club in Thornton and Lafayette.

The most expensive station in Denver is the Conoco at Speer Boulevard and 4th Avenue, selling at $3.59 per gallon. It’s an 80-cents-per-gallon difference between the highest and lowest in the metro. Around the state, the highest price on Monday is $3.93 per gallon, and the lowest is $2.75 per gallon.

AAA Colorado projects nearly 692,000 Coloradans will be traveling, with 642,000 of those doing so exclusively on the roads.

“In the lead up to Memorial Day, we haven’t seen gas prices come down much, though, with oil’s recent move lower, we should start to see more drops at the pump materialize in the days ahead,” said Patrick De Haan, head of petroleum analysis for GasBuddy, in a news release. “With the Colonial Pipeline situation continuing to improve in Southeastern states, fueling up for the holiday weekend shouldn’t be too challenging. For those hitting the road, we should see prices inch lower in the coming week through at least Memorial Day, so motorists need not rush to fill their tanks as the drop in oil prices should manifest into lower gas prices as we begin the summer driving season.”

INRIX predicts motorists may encounter the worst of traffic before the weekend. Thursday and Friday afternoons could see more than three times the normal delays on the busiest corridors.

The national average for gas has finally begun to fall, dipping 1.9 cents per gallon in the last week. The national average sits at $3.02 per gallon, 14 cents per gallon more than a month ago, and stands $1.07 per gallon higher than a year ago.

Historical gasoline prices in Denver and the national average going back 10 years:

  • May 24, 2020: $1.88/g (U.S. Average: $1.95/g)
  • May 24, 2019: $2.77/g (U.S. Average: $2.84/g)
  • May 24, 2018: $2.84/g (U.S. Average: $2.97/g)
  • May 24, 2017: $2.30/g (U.S. Average: $2.37/g)
  • May 24, 2016: $2.20/g (U.S. Average: $2.29/g)
  • May 24, 2015: $2.57/g (U.S. Average: $2.75/g)
  • May 24, 2014: $3.41/g (U.S. Average: $3.66/g)
  • May 24, 2013: $3.82/g (U.S. Average: $3.65/g)
  • May 24, 2012: $3.71/g (U.S. Average: $3.68/g)
  • May 24, 2011: $3.71/g (U.S. Average: $3.82/g)

Source: Read Full Article