AAA Daily Fuel Gauge Report for Friday, 5/27/22

National Average Price for Regular Unleaded Current: $3.809; Month Ago: $4.189; Year Ago: $3.183. National Average Price for Diesel Current: $5.076; Month Ago: $5.257; Year Ago: $3.289.

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs. The International Longshoremen's Association contract covering 45,000 dockworkers at three dozen ports stretching from Maine to Texas expires on Sept. 30. If there is no deal by then, the union could call a strike that would hit during the vital holiday container shipping season and labor-friendly U.S. President Joe Biden's bid for reelection. The ILA on Monday called off this week's planned start of talks with the U.S. Maritime Alliance, citing one member of that employer group's use of automation technology in violation of prior agreements.

National Average Price for Regular Unleaded Current: $2.204; Month Ago: $2.174; Year Ago: $2.568. National Average Price for Diesel Current: $2.418; Month Ago: $2.426; Year Ago: $2.925.