Friday, 22 June, 2018

Rising gas prices not expected to curb travel

Rising gas prices not expected to curb travel Rising gas prices not expected to curb travel
Sammy Stanley | 25 May, 2018, 19:53

Memorial Day Weekend is expected to be a busy weekend for drivers taking day trips, but those drivers are going to have to pay more at the pump than previous year.

Friday begins Memorial Day weekend, marking the unofficial start to summer and the travel season.

The almost 37 million Americans expected to travel over the Memorial Day weekend will pay the highest gas prices since 2014, according to AAA Mid-Atlantic spokeswoman Stephanie Milani.

According to AAA, this is supposed to be the busiest Memorial Day weekend for travel, since 2005.

Those filling up in Raleigh should be prepared to pay more compared to surrounding cities. "A lot of that's due to the fact hat even though gas prices are up, they haven't spiked". That's almost 5 percent more than last year and the most in more than a dozen years, AAA reports. That's about an increase of a penny since last week, but still well below the record price of $4.70 set in October 2012.

The current average price in the Chicago metro area is $3.29, compared with $3.14 a week ago and $2.63 at this time previous year, according to AAA.

Regular gas prices in Fort Wayne on Thursday ranged from $2.81 to $2.91 per gallon, according to GasBuddy. Milani says the good news is that auto rentals are the cheapest they've been in about four years.

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"It's been rising pretty quickly over the past couple of weeks or so", AAA spokeswoman Beth Mosher said.

Almost 900,000 people are expected to travel in IN, according to AAA.

Overall, gas prices ticked up slightly across the state just ahead of the long weekend.

Jackson added that she'd like to go SC for the holiday, but gas prices are so high she sometimes has to choose between activities.

"A little more painful at the pump, but we'll enjoy it when we get down to Gatlinburg, so we'll be fine", said Miller.

"I don't like it, but you do what you've gotta do", he said while waiting for AAA mechanics to service his Dodge Charger Daytona. "All of these can be easily addressed before the holiday weekend, but the time to act is now".

The current national average is flirting with the $3 mark, and AAA officials say 40 percent of drivers surveyed said they either drive less or cut back on other spending when gas reaches $3. If you're taking the opportunity to get out of town, you're not alone.

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