Has the gas price drop stopped?
- Author: Zachary Reyes May 23, 2017,
May 23, 2017, 17:14
"Carolinians are eagerly awaiting the start of summer and are ready to travel thanks to the positive growth seen throughout the travel industry this year", Dave Parsons, AAA Carolinas President and CEO, said in a news release.
The projected 2.08 million Floridians would be an increase of 66,169 (3.3%) from a year ago. "Higher confidence has led to more consumer spending, and many Americans are choosing to allocate their extra money on travel this Memorial Day", he added.
According to the AAA report, the price of gas is slightly higher than a year ago.
About 35 million of the travelers plan to drive and will pay the highest price at the pump seen since 2015, notes AAA. The national average stands 7 cents per gallon higher than this day one year ago. Oftentimes, prices climb toward an early June high before reaching a summerlong plateau and beginning to fall off in September, he said, which means today's gas prices should come as encouraging news for drivers.
According to AAA's Travel Leisure Index, average airfares for the top 40 domestic flight routes will be 9 percent more expensive this year with an average roundtrip costing $181.
With more drivers on the road this upcoming holiday weekend, it's also important to stay safe and not be distracted while heading to your destination, especially with expected heavy traffic conditions, according to public safety officials. "However, with 34.6 million people traveling by vehicle over Memorial Day weekend, drivers should plan for crowded highways, do not forget to pack their patience, and allow plenty of extra time to get to their destinations safely".
For flyers, AAA's Leisure Travel Index found average Memorial Day weekend airfares for the top 40 domestic flights are up 9 percent over past year, with an average round trip ticket hovering at $181. Travel by other modes of transportation, including cruises, trains and buses, will increase 2.9 percent, to 1.75 million travelers.
Wright says air travel is also increasing by about 5.5%.
AAA expects to rescue more than 330,000 motorists this Memorial Day weekend, with the primary reasons being lockouts, flat tires and battery-related issues.
AAA recommends motorists have their vehicles inspected by a trusted fix shop, such as one of the more than 7,000 AAA Approved Auto fix facilities across North America.
Before setting out for Memorial Day, download the free AAA Mobile app for iPhone, iPad and Android.
After several weeks of declining costs, gas prices locally and statewide are facing upward pressure as Memorial Day weekend approaches.