High gas prices are expected to affect Memorial Day travel, but road traffic is still projected to reach record levels. A correspondent in Trenton, New Jersey, noted that many more people are on the roads than anticipated, even though high fuel costs were expected to reduce travel. AAA data projects 39.1 million drivers traveling at least 50 miles from home over the Memorial Day weekend, only slightly above the prior record. AAA attributes the small increase to a concession to higher gasoline prices, with some travelers effectively waving a white flag at fuel costs. Regular gas averages about $4.55 per gallon nationally, up modestly week over week and sharply over the past year compared with levels below $3 per gallon earlier.
"There's a whole lot of traffic on the road on Friday. It's gonna be a record number of people. That's not something we saw coming. We thought, Hey, with these high gas prices, maybe there'll be fewer people that'll get on the road,' but apparently not so much."
"AAA, which projects a record-breaking 39.1 million drivers travelling at least 50 miles from home this Memorial Day weekend. Even though this is a record 39 million people it's not breaking the old record by very much, and they initially, earlier, before the whole gas prices thing, thought it might be worse."
"While we are moving forward, this is a minuscule uptake in the number of those who are travelling, and I think that might be the concession that we're seeing to higher gasoline prices. Yeah, that concession is more of a white flag some people are waving to gasoline prices."
"For the average gallon of regular, is about $4.55 for the U.S. average. That's about 3 cents or so up in the last week, maybe 50 cents in the last month, and $1.50 in the last year. Just for the point of reference, before the invasion, or rather, the attack on Iran, he added, referencing President Donald Trump's continuing war in the area, we were below $3 a gallon."
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