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High Gas Prices are Killing the Summer Road Trip

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"The summer of “revenge travel” may be slowing as gasoline prices hover near record highs. 

Americans planning on taking a vacation by car in the next six months dropped to 22.7% in June, according to data from the Conference Board’s index. That’s the lowest seasonally in over four years, excluding the summer of 2020 when the pandemic caused nationwide lockdowns. Around 36% of Americans surveyed this month intend to take a vacation within the next six months, the weakest June reading for any year in data going back over 40 years, excluding 2020."

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