Are You One of the Millions of Americans Traveling During Memorial Day?
May 15 2018
Gas prices averaged $2.72 in April, an increase of 33 cents from last year, but automobile travel is expected to increase for the fourth straight year.
Gas prices are between 40 to 50-cents higher this year than they were last year.
The New Jersey-based Oil Price Information Service earlier this year forecast that Americans would spend $955.6 million per day on fuel in 2018, or $348.8 trillion for the year - the highest since 2014.
"With Memorial Day weekend less than two weeks away, drivers will likely face pump prices at their highest level since 2014", said Tammy Arnette, senior public affairs specialist for AAA Mid-Atlantic.
With Memorial Day, and the unofficial start to summer, just around the corner, many southwest Georgians - like the rest of the nation - are making travel plans.
Before setting out for Memorial Day, download the free AAA Mobile app. Travelers can use the app to map a route, find the lowest gas prices, make travel arrangements, access exclusive member discounts, request roadside assistance and more.
As of Sunday afternoon, the Colorado average was $2.72 a gallon, which is the cheapest in the Rockies region. That compares to national average that has increased 5.7 cents per gallon in the last week to $2.86. Gas prices nationwide are up a nickel in just the last week. In Lee County, drivers are paying 11 cents more than last week, at $2.79 per gallon.
Motorists are seeing 19 percent of gas stations selling gas for $3.01 or more, according to AAA.
Meanwhile, Hertz is projecting Atlanta, Los Angeles, Orlando, Las Vegas and Kahului, Hawaii to be its busiest locations for vehicle rentals, according to AAA.
The Iran situation is not the only reason for a rapid change in crude prices.
AAA says the total Memorial Day travel will rise 4.4 percent from 2017.
Gas prices in Rockford are back on the rise after holding steady last week.
"Ranked the most congested country in the world, US drivers are all too familiar with sitting in traffic", said Graham Cookson, chief economist and head of research, INRIX.