More Memorial Day travel expected, despite high gas prices

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Airlines are gearing up for a busy summer season as people are ready to take to the skies again after being cooped up for two years during the pandemic.

Memorial Day weekend signals the unofficial start of summer vacation season, but this year, in addition to your sunscreen, you might want to pack some aspirin because traveling is going to create some headaches.

For Marvin Harper, of Phoenix, his family’s weekend travel plans are a double punch to the wallet. His college-age son and daughter each have a soccer tournament in Southern California and Colorado, respectively. He and his daughter will fly to Denver, rather than drive, because of the cost of fuel, while his wife and son will go to California in her SUV.

The average gas price in the U.S. on Thursday was $4.60 per gallon, according to AAA figures. In California, it topped $6. The high price of oil — largely because many buyers are refusing to purchase Russian oil because of its invasion of Ukraine — is the main cause of the steep gasoline prices. Those projections —- which include travel by car, plane and other modes of transportation like trains or cruise ships — are up 8.3% from 2021 and would bring Memorial Day travel volumes close to 2017 levels. The estimates are still below pre-pandemic 2019 levels, a peak year for travel.

Outdoorsy, an online rental marketplace for RVs and camper vans, is noticing that its renters have changed their plans over the course of the pandemic. Early on, people would rent an RV to travel cross-country safely to visit family. Now, they're back to using the RVs as a cost-effective way for a vacation tethered to nature.

 

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