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AAA: Gas prices won't be as high as last summer

Posted June 5, 2009

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— Gasoline prices are likely to continue to climb but won't reach anywhere near the record prices of last year's summer travel season, according to AAA Carolinas.

After dropping earlier this year, gasoline prices are on a steady rise. The average cost of a gallon of regular unleaded in the Triangle on Friday was $2.51, up 11 cents from last week and 48 cents from a month ago.

Pain at the pump won't be as painful Pain at the pump won't be as painful

Jodi Woolard, a branch manager with AAA Vacations, said Friday that motorists could see gasoline prices reach around $2.75 a gallon this summer but that prices shouldn't come anywhere close to the nearly $4 mark last summer.

"Crude supplies are a lot larger than they were this time last year, and the demand is not as great," she said.

Woolard said people are driving less and staying closer to home because of the down economy. Woolard said AAA Vacations saw a 33 percent decrease in travel in its first quarter.

"People are not employed, so they're not spending the money to travel," she said.

12 Comments

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  • Jeff_W Jun 5, 2009

    Last year, the oil and gas companies had us in a choke hold and we rebelled. We took steps to reduce the reliance on foreign oil and began the process of removing the "depleted inventory" excuse. And, lo and behold, the oil/gas companies miraculously corrected the problem. Prices came back down and we abandoned the "Drill, baby, Drill" philosophy.

    Once we stopped attempting to fix the problem, the oil/gas companies are again manipulating the supply to drive up prices. People, the situation has not changed. The oil/gas companies still have us in the choke hold, they just loosened the grip so we would stop fighting.

    The long term answer to this problem is alternative energy sources. In the mean time, our cars, trucks, trains, ships, boats, and motorcyles still run on fossil fuels. We must go back to the only weapon that allowed us to fend of the high prices. We must go back to seeking our own oil supplies. No more 'stocks are dwindling' excuses.

  • mewuvbb Jun 5, 2009

    Doesn't matter, I can only afford to buy gas for going to work. The Oil Companies started this and they are going to end it to. Unemployment will go down, not that people are going back to work, just that there will be no where to work.

  • fl2nc2ca2md2nc Jun 5, 2009

    Duh! Stupidest headline I've seen in a while...

  • howdiditgettothis Jun 5, 2009

    So a branch manager from AAA is able to predict the summer's gas prices..........mmmhh.

    You know what I think -- gas prices go up and down at the drop of a hat, based on nothing other than greed.

    If our country had gotten SERIOUS about alternative fuel in the 70's, then we would not be so dependant on oil production anywhere. Too many politicians have become millionaires over the years at the behest of gas PAC's while the poor dumb taxpayer (who voted these fools into office) keeps paying more and more and more. It's never enough.

  • gkgreene Jun 5, 2009

    Wall Street first causes our accounts to crash, then, they take our tax dollars to bail them out along with their bonuses. How do they thank us -by pushing the price of petroleum futures higher? Wish government would step in on this - ouch that hurt to say it.

  • coolwill Jun 5, 2009

    When the gas went to $4 it was because of the hurricane. Stop belittling theses high gas prices. Obama do your job for the American people and stop flying all around the world apologizing for me, you are making this country less safe.

  • Liam Jun 5, 2009

    It's all in the speculators hands guys. Until government officials say enough with the speculators prices will continually go up until they collapse like they did back in October of last year.

  • tatermommy52 Jun 5, 2009

    Yeah right with the Dems in control.

  • Mr. Iowa Jun 5, 2009

    I'll believe it come October

  • They call me CATMAN Jun 5, 2009

    What do they know I heard someone from AAA say that he did not think Gas prices would go above $2.50 this summer and that was 2 week's ago. Everything keep's going up except my paycheck.

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