Summer travel kicks off with higher gas prices

Gas prices spike before travel-heavy Memorial Day weekend, but travelers so far are undeterred

Gas prices spike before travel-heavy Memorial Day weekend, but travelers so far are undeterred

This is a 4.8 percent increase in travelers compared to previous year despite the recent hike in gas prices, AAA said.

Many other drivers agreed that high gas prices weren't going to slow them down.

In fact, more than 41.5 million Americans are expected to hit the road for Memorial Day, up almost 5% from 2017, according to AAA. He said gas prices had very little bearing on his holiday driving.

"Surprisingly we did not see a huge decline due to high gas prices during the last big surge", Hughson said.

McLaughlin, who sold his motor home several years ago, said rising gas prices is one of the reasons he hasn't traveled in the last few years and doesn't plan to anytime soon.

However, those prices at the pump can always be higher: Consider that on September 15, 2008, drivers were forking out an average of $4.085 per gallon in North Carolina.

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. That's up 5.5 percent from a year ago.

"Typically more than our regular weekend we'll come up aside from the holiday weekend, as well Memorial Day, Fourth of July, it's always hiked up", said Mitch Kujawa.

That drop, however, won't show up in this weekend's gas prices and is unlikely show up at all unless the price of crude oil stays at that level or falls lower. AAA wants all drivers to make sure their cars are ready for long road trips.

In its annual travel survey, GasBuddy found 31 percent of Americans will be driving more than 500 miles round-trip over the Memorial Day weekend, down from 56 percent in 2017.

About 5.19 million Californians, including 3.21 million from Southern California, are expected to travel this year, eclipsing a record set in 2005.

Many commuters will feel the pain at the pump, as gas will cost them an additional $10 a week, said Damon Runberg, state of Oregon Employment Department regional economist.

On Friday, they topped the three-dollar mark at $3.09. "We've come out of the most significant oil downturn in a generation since the 1980s", said Bruce Bullock, director of the Maguire Energy Institute in Southern Methodist University's Cox School of Business.

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