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High gas prices unlikely to tame Memorial Day holiday travel

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CHEYENNE, Wyo. — Despite record-high gas prices, more Americans are expected to hit the road this holiday weekend than during Memorial Day last year, according to GasBuddy.

Results of the price tracker’s annual summer travel survey show that 58% of respondents intend to road trip this summer even as gas prices have risen nearly $1.50 per gallon since summer 2021, GasBuddy Head of Petroleum Analysis Patrick DeHaan said. The national average gas price during the Memorial Day weekend is projected at $4.65 per gallon. The national average on Wednesday was $4.59, he said.

“That’s going to be a big jump from last year — in fact, 51% of an increase in the average price on Memorial Day,” DeHaan said.

https://www.youtube.com/watch?v=Os6VYNikbPo&t=68s

The nation’s record-high inflation will impact summer travel plans for many, GasBuddy’s survey shows, as 65% of respondents said they will limit themselves to one or two road trips.

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The average price per gallon of regular gas in Wyoming today is $4.32, well under the national average of $4.60, according to AAA. That’s up from $3.04 per gallon last year. In Laramie County, the average price today is $4.18, AAA reports.

A gallon of diesel fuel in Wyoming costs an average of $5.47, up from $3.31 per gallon last year.


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