Gas could hit $5 a day by Memorial Day. A ‘70s-style gas crisis could soon follow, experts warn.

🌐 NJ.com — 2026-05-09

Experts warn that gas prices could soar to $5 a gallon by Memorial Day, potentially signaling a '70s-style gas crisis. Various factors, including supply chain issues and demand fluctuations, are contributing to this forecast.

Markets Commodities Energy gas prices crisis energy commodity

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Gas could hit $5 a day by Memorial Day. A ‘70s-style gas crisis could soon follow, experts warn.

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