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GasBuddy News Article

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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


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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
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jrs4125
Champion Author Indiana

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Message Posted: Apr 14, 2012 6:16:06 AM

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

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Message Posted: Apr 13, 2012 7:40:41 AM

^% less for vacation
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WalRus49
Champion Author Boston

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Message Posted: Apr 13, 2012 7:20:45 AM

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

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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.
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07skydriver
Champion Author Ohio

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Message Posted: Apr 13, 2012 6:36:38 AM

Just stay home.
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brbaritone
Champion Author Virginia

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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!'
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humblepie
Champion Author Toledo

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Message Posted: Apr 13, 2012 4:54:01 AM

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

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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.
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fenster66
Champion Author Pittsburgh

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Message Posted: Apr 13, 2012 1:14:46 AM

I'm planning a staycation!
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MontanaMac
Champion Author Washington

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Message Posted: Apr 13, 2012 1:10:59 AM

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

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Message Posted: Apr 13, 2012 1:03:56 AM

Surprise.
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kitty1750
Champion Author Kitchener-Waterloo

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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.
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leraar2
Champion Author Massachusetts

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Message Posted: Apr 13, 2012 12:32:34 AM

staying home this year.
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el_fr
Champion Author Massachusetts

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Message Posted: Apr 13, 2012 12:21:35 AM

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

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Message Posted: Apr 12, 2012 11:58:48 PM

why 1% ok
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CVA19
Champion Author Salem

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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.
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davenles
Champion Author Texas

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Message Posted: Apr 12, 2012 11:14:23 PM

Going to cost more for everything, not just fuel.
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