AAA said Memorial Day weekend gas prices are the highest they've been in four years.

Gas prices are nearing their highest Memorial Day levels since 2022.

Global oil inventories are declining fast with just four to six weeks until gasoline, diesel and jet fuel prices shoot higher, analysts said.

By Andrew Keshner and Myra P. Saefong

At least 16 states are expected to see all-time Memorial Day gas price records this weekend, surging past records set in 2022.