Economy

Prices climbing at the pump in northern New England

Prices climbing at the pump in northern New England

May 24 and 25 - the Thursday and Friday of the holiday weekend - are predicted to be the busiest travel days with delays on major roads that could be two or three times longer than normal, AAA reported.

Trains, buses and cruise ships will see 2.4% (or 1.8 million) more passengers, according to AAA. The increase is on par with the national trend, which saw a near 6 cent increase in the past week.

Hawaii, HI, May 14- Average retail gasoline prices in Hawaii have risen 9.5 cents per gallon in the past week, averaging $3.91/g yesterday, according to GasBuddy's daily survey of 355 gas outlets in Hawaii.

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US travelers will hit the roads, rails and airports this Memorial Day Weekend by the largest numbers in more than a decade, despite the highest gasoline prices in four years, the nation's largest automotive advocacy group said on Monday. California gas prices are almost 70 cents higher compared to a year ago, due to expensive crude oil, record gasoline demand and shrinking global supply.

"Higher gas prices will not be enough to keep travelers home this Memorial Day weekend", AAA Assistant Vice President of Travel Sales Development Vicky Evans said in a statement.

Seven out of eight travelers will be driving despite the most expensive gas since 2014.

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About 89 percent of Florida travelers drive during Memorial Day weekend compared with about 8 percent who fly.

DeHaan said there is now a 65 percent chance that the nationwide average price for fuel at the pump will top $3 a gallon this summer. This new record surprised experts in the field that the record was passed before the Memorial Day weekend as many take to the road during that holiday.

Meanwhile, Hertz is projecting Atlanta, Los Angeles, Orlando, Las Vegas and Kahului, Hawaii to be its busiest locations for auto rentals, according to AAA.

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Be sure to have your mobile phone charged and pack a flashlight with extra batteries, a first-aid kit, basic tool kit, bottled water and snacks. AAA's projections are based on economic forecasting and research by IHS Markit of London.