A handful of gas stations are charging $7.25 or more for a gallon of gas as fuel prices hit another record.
Motorists across the U.S. are grappling with gasoline prices that are reaching new records almost daily, but the pain isn't evenly distributed across the nation. Take the handful of locations where a gallon of regular fuel now costs as much as the federal minimum wage of $7.25.
It's a painful threshold that prices at the pump have reached at nine stations — all in California, according to GasBuddy's Patrick De Haan, an expert on oil and gas prices. Granted, the minimum wage in California is far above the federal minimum wage, with workers in the state earning at least $14 an hour, but paying $7.25 a gallon or more still takes a chunk out of the typical paycheck.
Gas prices remain at record highs as Americans head into the Memorial Day weekend, the unofficial kickoff to summer, when millions of people hit the road for vacations or to visit to family and friends. But despite soaring fuel prices, most drivers are still filling up, with AAA forecasting that 39 million people will travel more than 50 miles from their homes this holiday weekend — a jump of about 8% from a year earlier, when gas was about $3 a gallon on average, AAA said. Chevron at 901 N.
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