Travelers this holiday weekend will be out in full force. In fact, AAA is projecting that over 43 million people will be hitting the road, air, rails and waterways to celebrate Independence Day somewhere other than the comfort of their own home. That figure is the highest total of any previous year and exceeds this year’s Memorial Day total by 5 million.
Of the 43 million travelers, a whopping 36 million (84%) of them will be traveling on the roadways by car. That figure is a 1.2% increase over last year. AAA President and CEO, Marshall Doney, says that lower prices at the fuel pump are the reason for the increased traffic. “Spurred by the lowest gas prices since 2005, more people than ever are planning to travel this Independence Day weekend.”
And Doney is right. National gas prices, on average, are 47 cents lower than they were over 4th of July weekend in 2015.