According to Gasbuddy.com, gasoline prices are down to a national average of $2.33 per gallon. One year ago for the week of Memorial Day, prices were at $2.75 per gallon, and for the same week two years ago prices were $3.75 per gallon.

This is the lowest Memorial Day gasoline prices since 2005 (even lower than in 2009).

Ten years ago, price were at $2.94 per gallon, and fifteen years ago at $1.74.

Memorial Day Weekly Average
Gasoline Price
29-May-00 $1.57
28-May-01 $1.74
27-May-02 $1.43
26-May-03 $1.53
31-May-04 $2.10
30-May-05 $2.17
29-May-06 $2.94
28-May-07 $3.25
26-May-08 $3.99
25-May-09 $2.49
31-May-10 $2.84
30-May-11 $3.90
28-May-12 $3.73
27-May-13 $3.70
26-May-14 $3.75
25-May-15 $2.75
29-May-16 $2.33

According to Bloomberg, WTI oil is at $49.61 per barrel, and Brent is at $49.60 per barrel.  Last year on Memorial Day, Brent was at $65.37 per barrel, and two years ago Brent was at $110.01.

From http://feedproxy.google.com/~r/CalculatedRisk/~3/W6KKySXUsC8/gasoline-prices-down-40-cents-per.html

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