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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

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REPLIES (newest first)Ignore Short Messages

jrs4125 Champion Author Indiana Posts:2,758 Points:591,745 Joined:Sep 2011	Message Posted: Apr 14, 2012 5:16:06 AM Ignore jrs4125 Report Abuse Cheap peak oil is over.
gawxnative All-Star Author Atlanta Posts:510 Points:229,865 Joined:Aug 2006	Message Posted: Apr 13, 2012 6:40:41 AM Ignore gawxnative Report Abuse ^% less for vacation
WalRus49 Champion Author Boston Posts:4,075 Points:868,865 Joined:Nov 2010	Message Posted: Apr 13, 2012 6:20:45 AM Ignore WalRus49 Report Abuse More organized mayhem and pillage............
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: Apr 13, 2012 5:47:45 AM Ignore gandalfthegrey1 Report Abuse 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:3,261 Points:983,105 Joined:Feb 2009	Message Posted: Apr 13, 2012 5:36:38 AM Ignore 07skydriver Report Abuse Just stay home.
brbaritone Champion Author Virginia Posts:2,065 Points:1,697,875 Joined:Jan 2007	Message Posted: Apr 13, 2012 5:23:22 AM Ignore brbaritone Report Abuse "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:34,231 Points:2,372,120 Joined:Mar 2006	Message Posted: Apr 13, 2012 3:54:01 AM Ignore humblepie Report Abuse with obama in office, thats a certainty
tnfran Champion Author Arizona Posts:4,383 Points:843,165 Joined:Dec 2010	Message Posted: Apr 13, 2012 3:05:22 AM Ignore tnfran Report Abuse 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:3,355 Points:675,065 Joined:May 2011	Message Posted: Apr 13, 2012 12:14:46 AM Ignore fenster66 Report Abuse I'm planning a staycation!
MontanaMac Champion Author Washington Posts:1,736 Points:410,050 Joined:May 2011	Message Posted: Apr 13, 2012 12:10:59 AM Ignore MontanaMac Report Abuse What a shock. How many decades now have prices peaked about now?
jwkycola All-Star Author Columbia Posts:817 Points:532,400 Joined:Jul 2011	Message Posted: Apr 13, 2012 12:03:56 AM Ignore jwkycola Report Abuse Surprise.
kitty1750 Champion Author Kitchener-Waterloo Posts:2,199 Points:470,675 Joined:Jun 2011	Message Posted: Apr 12, 2012 11:53:31 PM Ignore kitty1750 Report Abuse That's the norm. The've always jacked up the prices for holidays and weekends around here.
leraar2 Champion Author Massachusetts Posts:3,764 Points:787,680 Joined:Mar 2011	Message Posted: Apr 12, 2012 11:32:34 PM Ignore leraar2 Report Abuse staying home this year.
el_fr Champion Author Massachusetts Posts:3,337 Points:744,700 Joined:Apr 2011	Message Posted: Apr 12, 2012 11:21:35 PM Ignore el_fr Report Abuse Ha! Gas will exceed $4.01 by a lot
amerk73 Champion Author Dallas Posts:7,050 Points:1,621,080 Joined:Oct 2008	Message Posted: Apr 12, 2012 10:58:48 PM Ignore amerk73 Report Abuse why 1% ok
CVA19 Champion Author Salem Posts:2,393 Points:609,575 Joined:Aug 2011	Message Posted: Apr 12, 2012 10:24:34 PM Ignore CVA19 Report Abuse 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:3,201 Points:718,885 Joined:May 2011	Message Posted: Apr 12, 2012 10:14:23 PM Ignore davenles Report Abuse Going to cost more for everything, not just fuel.