Despite High Gas Prices, Drivers Hit the Road for Holiday Weeken - WBAY

Despite High Gas Prices, Drivers Hit the Road for Holiday Weekend

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Green Bay - Drivers will be stuck paying higher gas prices for the Fourth of July weekend this year than in the past six years.

Despite the cost, many still plan to head out of town.

Todd Monroe is heading to Pembine this weekend, but it won't exactly be cheap.

"I filled the truck and two gas cans for up north for the ATVs. It cost me $86 this time," he said.

Even though prices this Independence Day are the highest since 2008, drivers we spoke with say they're not canceling plans for a holiday getaway.

"No, they're not going to keep us home. We're bound and determined and have a good life," said Shari Smith of Green Bay.

Along with demand this time of year, the situation in Iraq is causing the price of crude oil to go up slightly, which is in turn causing the price of gas to spike at the pump, but according to gasbuddy.com, that gas spike could be much worse.

"U.S. production is at the highest level we've seen since 1986 and that's something that's really helping to help global crude oil prices and domestic crude oil prices from spiking higher," explained senior petroleum analyst Greg Laskoski.  

There is some good news for drivers, prices aren't expected to go up any more between now and Friday.

"More often than not, we've seen prices stay flat and sometimes even decline through those travel periods," Laskoski added.

 The cost is usually the highest the week before and after the Fourth of July with prices declining slightly at the end of summer, according to Laskoski.


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