Pain for drivers: 'Insatiable' gas demand for summer despite record prices

Fuel industry data firm GasBuddy found that 58% of people intended to road-trip this summer. The share represents an increase from last summer, when per-gallon prices were around $1.50 lower than the record $4.593-per-gallon nationwide average Friday.

The share of participants who said high gas prices have factored into their plans is up 24% this year over last, GasBuddy noted, showing that consumer demand is being affected.

In any case, the 58% data point stuck out to Patrick De Haan, petroleum analyst for GasBuddy, who said it represents "insatiable" demand going into the holiday weekend.
gas by Erik Mclean is licensed under Unsplash unsplash.com

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