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Friday, December 3, 2021

Record Gas Prices, Uber Horse Racing, Car Rental Issues: Expensive Travel Ahead for Thanksgiving Bay Area Travelers

As Bay Area travelers hit the road again for Thanksgiving this year, they can expect to pay a lot more for everything from gas to rented cars to Ubers – in some cases double the price.

The return to congested freeways on a traditional Wednesday rest day comes a year after the holiday in the midst of the COVID pandemic, which has brought open roads and the lowest gas prices in years. Seeking to bring down tough fuel prices this year, President Biden on Tuesday ordered the release of 50 million barrels of crude from America’s strategic reserves in tandem with other major oil-producing countries.

But it’s unclear what kind of help motorists will see at the pump on their Thanksgiving rides, if any. In market trading after Tuesday’s announcement, oil prices soared about 2% instead of falling.

“The problem is everyone knows this is a temporary measure,” Claudio Galimberti, senior vice president of oil markets at Rystad Energy, told The Associated Press. “So, as soon as it is stopped, if the demand is still higher than the supply, as it is now, then you will be back to the starting point.”

The sticker shock is causing a ripple effect in the travel industry – and in the wallets of Bay Area residents.

Gas prices: California has long held the title of the nation’s highest gas price due to significant fuel taxes, and this year will be no different. But prices across the state hit an all-time high earlier this month, and have dropped slightly in recent days to an average of $ 4.64 a gallon, up $ 1.50 from last year. In the Bay Area, prices are still around $ 5 a gallon. High gasoline prices do not deter drivers from driving on the road. More than 48.3 million people are expected to travel by car this Thanksgiving, just 3% less than in 2019, according to AAA.

OAKLAND, CA – Nov 23: Prices at a Mobil gas station on 40th Street and Broadway are photographed in Oakland, California on Tuesday, Nov 23, 2021 (Ray Chavez / Bay Area Newsgroup)

“I decided not to fly because of COVID,” said Jane Richardson, who traveled to Oakland from Los Angeles for Thanksgiving. On Tuesday, she paid $ 4.79 a gallon to fuel her Toyota Prius. “It was worth it, I was willing to pay the extra money.”

Flight: For hundreds of thousands of people crossing Bay Area airports, domestic fares have risen by about 23%, with an average roundtrip cost of $ 300, but still down 11% from 2019, according to the booking app. Travel Hopper.

Ride-hail: Airport fares will also rise significantly for many who cannot use public transport or persuade a friend to withstand airport traffic. According to the latest figures provided by YipitData, a research firm that tracks Uber and Lyft rides nationally, standard rides in the San Francisco area hit an all-time high in October this year, with fares up 22% from October 2019. of the year.

Record Gas Prices, Uber Horse Racing, Car Rental Issues: Expensive Travel Ahead for Thanksgiving Bay Area Travelers
SAN FRANCISCO, CA – April 29: Uber and Lyft stickers affixed to the window of a non-working car in San Francisco, California, Wednesday, April 29, 2020 (Karl Mondon / Bay Area News Group) (Karl Mondon / Bay) Newsgroup area)

Prices for Uber and Lyft have skyrocketed in recent months due to a shortage of drivers that has impacted the industry. While the number of drivers is starting to recover, drivers should expect prices to rise at airports. Sergio Avedian, a Los Angeles-based rally driver and senior contributor to website The Rideshare Guy, said the high prices were in part due to staffing problems and the end of the “subsidized fantasyland” of cheap, pre-pandemic, venture-backed travel.

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“Prices will be high and prices will remain high,” Avedian said, adding that he often sees riders pay more than double what they paid before the pandemic.

An Uber spokesman told the Bay Area News Group that there are more drivers on the roads now than ever during the pandemic, but warned passengers that the service will be “even busier than in years past.” You can see the price rise. If you’re in no rush, try waiting a few minutes to request a ride as prices may drop. “

Car rental: People who rent a car this Thanksgiving and continue into the Christmas season also notice that prices for everything from compact cars to large vans, popular with families on the road, are going up surprisingly. The car rental industry is still struggling to recover from the pandemic-fueled vehicle sell-off as a global microchip shortage holds back new car production.

“The whole supply chain is messed up. “We’ve been working pretty hard for months now,” said Todd Connors, co-owner of Rent-A-Relic, an independent car rental agency in the East Bay. He said that renting a compact car starts at around $ 60 a day if you can land it. “People are already running out of cars for Christmas. My only advice because the prices are crazy is to book early and lock the car. “

While prices are high, those looking to rent a car may have better luck with local businesses such as Service Rent-A-Car in San Jose, where there is still a fair amount of cars. Morgan Newby, manager, said a good “rule of thumb” is that holiday prices should double from $ 49 to $ 100 a day.

“If they’re looking for a car at the last minute. I have them, so give me a call, ”Newby said.

Chance Ward was set to embark on a 2,400-mile journey to Lexington, Kentucky on Tuesday.

World Nation News Deskhttps://www.worldnationnews.com
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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