Times of London News -  International News, Latest News, Breaking News,Sports, Business and Political News
Try these gas-saving tips before you hit the road this Memorial Day weekend Try these gas-saving tips before you hit the road this Memorial Day weekend
Tuesday, 24 May 2022 18:00 pm
Times of London News -  International News, Latest News, Breaking News,Sports, Business and Political News

Times of London News - International News, Latest News, Breaking News,Sports, Business and Political News

Heading into the peak summer driving season, which kicks off on Memorial Day weekend, gasoline prices show no signs of slowing down.

The national average for unleaded gas hit a new high of $4.59 per gallon Wednesday, with all 50 states above $4 per gallon, AAA data shows. Gas prices are now $1.56 more than a year ago and $1.05 more than they were when the war in Ukraine started in February, according to AAA spokesperson Andrew Gross.

“That sent shock waves through the oil market that have kept oil costs elevated,” he said. “Domestically, meanwhile, seasonal gas demand is rising as more drivers hit the road, despite the pain they face paying at the pump.”

Although higher prices may prompt vacationers to take fewer trips and go shorter distances, AAA predicts more than 39 million people will go away this Memorial Day weekend. 

There’s still an appetite to travel, according to GasBuddy’s Summer Travel survey.

“We found that 58% of Americans plan to hit the road for a trip this summer, up from 57% last year, even faced with the highest gas prices ever,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“What we did notice is that motorists will be traveling a bit less, with 65% taking only one or two road trips,” De Haan said.

The most common amount of time traveled by car will be between two to three and more than five hours, GasBuddy found.

6 simple gas-saving hacks

If you are planning to hit the road this weekend, there are ways to shield yourself somewhat from soaring prices at the pump. Here are consumer savings expert Andrea Woroch’s top tips: