Center for American Progress

Big Oil Will Profit from Americans’ Memorial Day Travels
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Big Oil Will Profit from Americans’ Memorial Day Travels

Big Oil will be making huge profits off of Americans’ travel expenditures on fuel while at the same time fighting for increased drilling that threatens some of our most cherished vacation destinations.

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Memorial Day weekend is an opportunity to remember and honor the countless sacrifices made by our men and women in uniform in order to protect this great nation. It also marks the traditional start of the summer driving season—when families pack their bags and pile into their cars or minivans to hit the road for destinations across the country.

This weekend nearly 35 million Americans are expected to travel 50 miles or more to visit family and friends. Ninety percent of them will likely drive to their destination, filling up their tanks with expensive gasoline or diesel fuel before hitting the road. Meanwhile, Big Oil will be making huge profits off of Americans’ travel expenditures on fuel while at the same time fighting for increased drilling that threatens some of our most cherished vacation destinations.

Daniel J. Weiss, Jackie Weidman, and Celine Ramstein offer a by-the-numbers examination of what Big Oil will cost us this weekend.

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