What to Expect at the Pump – CBS Detroit

(CBS DETROIT)– According to a survey by cars.com, the number of holiday trips has increased this year.

The research shows that all modes of transport are up 8% this weekend compared to this time last year, but 82% of travelers will take to the road to get to their destination.

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“In Michigan, I’ll say this, the average price of $4.56 a gallon has actually dropped about two cents compared to a record price we set last week of $4.58 a gallon,” said Adrienne Woodland, the spokesperson for AAA Michigan.

“So in some places in Michigan, we’ve seen prices drop. Unfortunately, prices here in Metro Detroit are still some of the highest in the state.”

Woodland says analysts will make one in nine Michiganders this Memorial Weekend despite gas inflation.

“In the state of Michigan, we predict that more than 1.1 million Michiganders will travel on Memorial Day this weekend,” Woodland said.

“And more than a million of those will end up on the roads.”

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Woodland says families are feeling a little safer and ready to travel this year after covid cases took a plunge.

“Michigan residents and people across the country have a lot of energy and there is an increasing demand for travel after the two years of the pandemic,” Woodland said.

“People are traveling more comfortably now and despite higher gas prices and other inflationary pressures, people are still going to travel and they’re just going to find ways to save money in other ways so they can stay in a cheaper hotel and maybe spend less on shopping, dining out and entertainment while traveling.”

AAA also shows a record high for gasoline, due to demand for crude oil.

“Nationally, we expect 34 million Americans on the road this weekend, so there is definitely an increase in gasoline demand,” explains Woodland.

“So that combined with tighter inventories and then you mix in crude oil prices that are trading way above $100 a barrel, that gives you the higher prices we’re seeing right now.”

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