Coronavirus: Most Americans to stay at home and ditch Christmas driving this year

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The variety of Americans taking highway journeys this Christmas is poised for a droop of as a lot as 25%, with most staying home amid hovering coronavirus circumstances, in accordance to GasBuddy analyst Patrick DeHaan.

The estimate, on the heels of a GasBuddy survey exhibiting that roughly two in three Americans plan to stay put for the vacation, supplies extra proof of gasoline demand declining sharply in the course of the newest wave of the pandemic. Consumption that’s close to the bottom stage since June will seemingly attain a brand new trough round New Year’s Day, DeHaan, the gas market analysis agency’s head of petroleum evaluation, mentioned Tuesday.

Stricter measures to comprise the pandemic in a number of components of the nation are a reminder {that a} return to normalcy will nonetheless take months, at the same time as inoculations in opposition to the virus have began this week.

Of these getting out of the home in the course of the vacation, about 27% plan to drive for lower than an hour, and 32% can be within the automobile for one to three hours, DeHaan mentioned. Only 39% of these driving plan to cross state strains, he mentioned. GasBuddy didn’t have any estimate on miles traveled.

The silver lining for individuals who do hit the highway is that they’ll pay a median $2.19 per gallon on December 25, in accordance to the GasBuddy report launched Tuesday. That would mark the second-lowest nationwide common value since 2010, bested solely by a low of $2 a gallon in the course of the 2015 oil droop.

(This story has been revealed from a wire company feed with out modifications to the textual content. Only the headline has been modified.)

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