Published: Sat, May 26, 2018
Money | By Arnold Ball

Long Islanders face heavy traffic, higher gas prices for holiday weekend

Long Islanders face heavy traffic, higher gas prices for holiday weekend

The New Mexico average for a gallon of gas sits at $2.92 which is only one cent less than the national average.

Gas is cheaper in Riverside and San Bernardino counties, where drivers can expect to pay about $3.70 a gallon.

In addition to those on the road, AAA is estimating that 3.1 million Americans will take to skies this weekend and 1.8 million will use trains, buses and ships - bring the total estimated number of Americans traveling this weekend to around 42 million.

"A strong economy and growing consumer confidence are giving Americans all the motivation they need to kick off what we expect to be a busy summer travel season with a Memorial Day getaway", Sutherland said.

"Gas prices are typically pretty volatile in the spring time because maintenance that's going on at hte refineries and the refineries are also switching over to the more expensive summer-blended gasolines", said Stephanie Milani from AAA. And if you're in California, you're seeing the worst of it - an average price of $3.72. AAA Carolinas predicts more than 1.2 million North Carolinians will travel this Memorial Day weekend, with more than 1.1 million driving to their destinations.

New concerns higher gas prices, mortgage rates are impacting savings from tax cuts.

Gas prices spike before travel-heavy Memorial Day weekend, but travelers so far are undeterred

"I don't think they should raise the price of gas up with the holiday coming up", Tyson said. "It's no shock as we continue to see higher prices in all of the nation's 50 states".

That news, from a panel discussion hosted by CNNMoney's John Defterios, helped send U.S. oil prices plunging 4% to $67.88 a barrel.

If prices don't calm down, some drivers could decide to stay home rather than pay up at the pump.

Several factors have helped drive oil prices higher, including a wave of global economic growth has driven up demand for oil. In June, OPEC is expected to consider increasing oil production.

If you are planning to travel anywhere in the South - there is good news - as AAA averages there are the lowest.

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