Low Gas Prices Prompt More Sum­mer Road Trips

Riverbank News - - NEWS -

More Amer­i­cans are plan­ning to hit the road this sum­mer com­pared to 2015, ac­cord­ing to the an­nual sum­mer travel study con­ducted by GasBuddy. Over 75 per­cent said they would be trav­el­ing this sum­mer, a 2.2 per­cent in­crease from last year, with an over­whelm­ing ma­jor­ity (79 per­cent) do­ing so by car.

The stag­ger­ing dif­fer­ences in gas prices from pre­vi­ous sum­mers are play­ing a part in the in­flux of road trips. At $2.23, the cur­rent na­tional av­er­age is al­most 50 cents per gal­lon lower to­day than a year ago. In some states, the drop in even more dra­matic — Cal­i­for­nia’s av­er­age price is over $1 per gal­lon cheaper than 2015.

Peo­ple are notic­ing too: 26 per­cent said they will take ad­van­tage of low prices com­pared to just 17 per­cent say­ing the same thing last sum­mer.

“Mo­torists will be fill­ing up their tanks with the cheap­est sum­mer gaso­line since 2005 and we are find­ing that more peo­ple than ever will be tak­ing ad­van­tage by hit­ting the road,” said Pa­trick DeHaan, se­nior petroleum an­a­lyst for GasBuddy. “As we kick off driv­ing sea­son, gas prices will be nearly a dol­lar per gal­lon lower than the ten year Memorial Day av­er­age of $3.15 per gal­lon. The in­cred­i­ble part is na­tion­ally, we’ll be sav­ing $2.6 bil­lion over the long week­end ver­sus the high­est-priced Memorial Day week­end in 2011 at $3.78 per gal­lon.”

High­lights from GasBuddy’s 2016 Sum­mer Travel Sur­vey

• Peo­ple are trav­el­ing more for leisure rather than obli­ga­tion. 53 per­cent are trav­el­ing to re­lax and take in lo­cal cul­ture ver­sus 27 per­cent see­ing fam­ily/ friends or go­ing to an event. Last year, 51 per­cent chose va­ca­tions for re­lax­ation or cul­ture and 29 per­cent for vis­its or events.

• Over 56 per­cent will jour­ney on av­er­age at least 400 miles round trip.

• 36 per­cent plan to take at least two road trips.

• Peo­ple are feel­ing less pres­sure to stay longer; there was a 4 per­cent in­crease in day trips over 2015.

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