Americans Set for Near-Record Summer Road Trips as Gasoline Prices Fall

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Americans Set for Near-Record Summer Road Trips as Gasoline Prices Fall
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A near-record number of Americans are projected to take road trips this summer as gasoline prices continue to drop.

A near-record number of Americans plan road trips this summer as gasoline prices continue to drop ahead of Memorial Day weekend, the start to summer travel, the 2024 Summer Travel Survey of fuel savings platform GasBuddy showed on Tuesday. A total of 76% of Americans plan to take at least one road trip between Memorial Day and Labor Day weekends, the GasBuddy survey showed. That’s 18% higher than last year.

“It looks like it’ll be a busy start to the summer driving season, and while Americans gripe about the cost of gasoline, it doesn’t seem that too many are going to be deterred from hitting the road,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Great news for those who are planning to travel Motorists are likely to see more stations lowering prices to $2.99 per gallon or less as the summer wears on, and refiners ramp up output after finishing maintenance,” De Haan added.

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