Tags: gas | labor | day | prices

Motorists Swallow Sky-High Labor Day Weekend Gas Prices

Saturday, 01 Sep 2012 03:15 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Motorists hit the road in large numbers this Labor Day weekend, undeterred by gas prices that are the highest ever heading into the holiday in part due to Hurricane Isaac, which forced the closure of oil refineries on the Gulf Coast.

The average price of regular gas nationally was $3.83 per gallon on Friday, 21 cents higher than a year ago, according to AAA. And the price on Monday will likely easily beat the Labor Day record of $3.68 set in 2008, the non-profit automobile association said.

The weekend is one of the busiest on American roads.

In Overland Park, Kansas, Shelly Faught and a group of relatives packed up several vehicles for a drive to a lake home in Arkansas despite having to pay $3.79 per gallon at the pump.

"We needed the escape," Faught said as she gassed up a pickup truck hooked to a pop-up camper. "We were a little nervous about the gas prices rising but we had this planned."

Juan Mendez of Liberty, Missouri, and his wife Ashlee traveled 215 miles  on Friday to Wichita, Kansas, because they wanted their infant to meet Mendez's parents. Mendez was not happy to see gas prices go up before the trip.

"It's one of those things you just have to deal with, there is nothing you can do about it," he said.

Terry Goode, a travel counselor at the AAA office in Kansas City, Missouri, said customers seem to be traveling as much as ever and have been streaming in for travel books and route advice.

"I've not heard people mention high gas prices," Goode said. "They just make it part of their budget and go."

Average gas prices jumped by nearly 31 cents a gallon in August and have risen 11 cents since Aug. 22, when forecasters first predicted that Isaac would reach the Gulf Coast and threaten to close oil refineries, AAA said in a report.

The organization nonetheless projected that 33 million Americans would travel 50 or more miles on Labor Day weekend, including 28.2 million by car. The projected number of car travelers would be 500,000 more than last year, AAA said.

Rental car agencies were bustling with business ahead of the weekend. At the Budget Rental Car outlet in Overland Park, 25 cars were reserved on Friday, said rental agent Ryan Mikel. That compared to only three reservations on Wednesday.

Mikel said the hassle of flying likely was spurring customers to bite the bullet and drive.

But the high gas prices gave others reason to pause.

Sarah Allison said at an AAA office in suburban Kansas City that she and her husband decided to fly rather than make a 1,100-mile round trip to Dallas.

In Leawood, Kansas, Diana Weeks-Radke paid $3.86 a gallon on Thursday to fill up her car. She said a sudden price increase at the station was unfair.

"It's shameful," Weeks-Radke said. "The fuel is already there, bought and paid for and delivered."

AAA spokesman Michael Green said consumers often criticize gas price spikes but failed to realize that gas stations that held prices at lower levels would run out of gas quickly and be forced to buy more at higher wholesale prices to replace it.

"We don't really see gas stations taking advantage of drivers," Green said.

Green said the closure of refineries due to Isaac reduced fuel supply and raised demand, forcing up prices. Other factors for the higher prices included a refinery fire in Venezuela and a jump in world oil prices.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Joe Scarborough Denies Lobbying Hard for 'Meet the Press' Job

Thursday, 24 Jul 2014 23:07 PM

MSNBC's Joe Scarborough denied reports Thursday that he and his Morning Joe co-host Mika Brzezinski have been "aggress . . .

Laura Ingraham: Rand Paul Closest to Americans on Foreign Policy

Thursday, 24 Jul 2014 21:43 PM

Kentucky Sen. Rand Paul, accused of being an isolationist by some fellow Republicans, is actually more in step with the  . . .

Legal Analyst Coffey: Ariz. Execution Won't Affect Death Penalty

Thursday, 24 Jul 2014 20:22 PM

Don't expect Arizona's controversial execution of Joseph Rudolph Wood to put a damper on the death penalty, veteran lega . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved