Not Logged In Log In   Sign Up   Points Leaders
Follow Us    8:54 AM

GasBuddy News Article

24
votes
U.S. Energy Department: Peak Travel Season Could Cost Drivers 6% More

National Geographic -- Gasoline prices have edged off the pedal in recent days, but the Energy Information Administration this week released new data showing motorists will pay about a quarter more per gallon during peak travel season—April through September. Prices will top out at $4.01, on average, in May. The last time gasoline spiked to such levels was 2008, causing a much different reaction from motorists in part because prices had shot up 35 percent in just six months.

While escalating gasoline prices are driving some folks to hybrid dealerships, only a few models offer a speedy return on investment. With the exception of the Prius and Lincoln MKZ, and the clean-diesel Volkswagen Jetta TDI, most clean-car technologies take more than a decade to pay owners back.

Rising oil prices are feeding a population


Read the Full Article

Submitted Apr 12, 2012 By: angel4me
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: U.S. Energy Department: Peak Travel Season Could Cost Drivers 6% More Back to Topics
REPLIES (newest first) Post a Reply
jrs4125
Champion Author Indiana

Posts:4,993
Points:1,376,365
Joined:Sep 2011
Message Posted: Apr 14, 2012 6:16:06 AM

Cheap peak oil is over.
gawxnative
All-Star Author Atlanta

Posts:510
Points:570,840
Joined:Aug 2006
Message Posted: Apr 13, 2012 7:40:41 AM

^% less for vacation
WalRus49
Champion Author Boston

Posts:7,714
Points:1,682,140
Joined:Nov 2010
Message Posted: Apr 13, 2012 7:20:45 AM

More organized mayhem and pillage............
gandalfthegrey1
Champion Author Houston

Posts:1,444
Points:401,340
Joined:Feb 2011
Message Posted: Apr 13, 2012 6:47:45 AM

Forget vacation. That 6% will show up all over the place - like grocery stores, restaurants, retail goods. Anything that needs transporting to get to you will carry that cost with it. You will pay the 6% without going to a gas station.
07skydriver
Champion Author Ohio

Posts:6,153
Points:1,719,550
Joined:Feb 2009
Message Posted: Apr 13, 2012 6:36:38 AM

Just stay home.
brbaritone
Champion Author Virginia

Posts:4,375
Points:2,477,440
Joined:Jan 2007
Message Posted: Apr 13, 2012 6:23:22 AM

"Gasoline prices have edged off the pedal in recent days ... " - a little bit, but drivers have not. They're still driving as fast as ever. People will drive less, but when they are on the road ... 'zzzooommmmmm!'
humblepie
Champion Author Toledo

Posts:65,113
Points:3,185,745
Joined:Mar 2006
Message Posted: Apr 13, 2012 4:54:01 AM

with obama in office,
thats a certainty
tnfran
Champion Author Arizona

Posts:7,669
Points:1,634,785
Joined:Dec 2010
Message Posted: Apr 13, 2012 4:05:22 AM

It's more like double that + . Closer to 15% from last year ( I was paying about 3.40 to 3.50 same time last year.
fenster66
Champion Author Pittsburgh

Posts:6,734
Points:1,493,800
Joined:May 2011
Message Posted: Apr 13, 2012 1:14:46 AM

I'm planning a staycation!
MontanaMac
Champion Author Washington

Posts:1,736
Points:410,050
Joined:May 2011
Message Posted: Apr 13, 2012 1:10:59 AM

What a shock. How many decades now have prices peaked about now?
jwkycola
Champion Author Columbia

Posts:1,128
Points:1,150,385
Joined:Jul 2011
Message Posted: Apr 13, 2012 1:03:56 AM

Surprise.
kitty1750
Champion Author Kitchener-Waterloo

Posts:2,199
Points:470,975
Joined:Jun 2011
Message Posted: Apr 13, 2012 12:53:31 AM

That's the norm. The've always jacked up the prices for holidays and weekends around here.
leraar2
Champion Author Massachusetts

Posts:7,105
Points:1,592,635
Joined:Mar 2011
Message Posted: Apr 13, 2012 12:32:34 AM

staying home this year.
el_fr
Champion Author Massachusetts

Posts:6,721
Points:1,578,180
Joined:Apr 2011
Message Posted: Apr 13, 2012 12:21:35 AM

Ha! Gas will exceed $4.01 by a lot
amerk73
Champion Author Dallas

Posts:10,389
Points:2,432,145
Joined:Oct 2008
Message Posted: Apr 12, 2012 11:58:48 PM

why 1% ok
CVA19
Champion Author Salem

Posts:3,718
Points:1,393,400
Joined:Aug 2011
Message Posted: Apr 12, 2012 11:24:34 PM

Don't bother reading the full article. Only the first paragraph relates to the article title.

For a lot of drivers, the travel season will not cost more, because they simply will not travel. But the tourism and service industries will surely feel the pinch.
davenles
Champion Author Texas

Posts:6,562
Points:1,552,585
Joined:May 2011
Message Posted: Apr 12, 2012 11:14:23 PM

Going to cost more for everything, not just fuel.
Post a reply Back to Topics