AAA predicts a surge in travel for Memorial Day weekend, with millions hitting the roads and skies despite slightly higher gas prices.
People looking to get away for the Memorial Day holiday weekend should expect a lot of company. AAA predicts the largest number of travelers in almost 20 years. Nearly 44 million people will travel more than 50 miles this holiday weekend on planes, trains and automobiles.SUGGESTED: Memorial Day travel: What protections do you have for delayed, cancelled flights?The vast majority, 38.4 million, plan to drive to their destination this weekend.
Analysts say fuel inventories are up, refineries are coming back online after maintenance, and oil prices have moderated. "As a result, I expect gas prices are going to decline five to 10 cents a gallon, over the next couple of weeks," says Andy Lipow, of Lipow Oil Associates.Air travel will also be busy. The TSA expects more than 26,000 daily flights through Labor Day, with a near-record 3.5 million passengers for this opening weekend.
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