Neal Freiman
๐ค SpeakerAppearances Over Time
Podcast Appearances
It also required almost 900 tons of stainless steel.
That's more than any other project in history.
But maybe I'm not going to go this summer at all because...
Road trips are not that fun right now either.
U.S.
gas prices have jumped to over $4 a gallon on average for the first time since 2022.
That's up from under $3 before the war started on February 28th.
This is the largest monthly jump that AAA has seen on record.
So whether it's flying or driving, Americans are facing higher expenses as they look to the summer travel season.
And let's talk about aviation.
For so many years since coming out of the pandemic, Americans have been flocking to Europe and, you know, people, places like Barcelona haven't been so happy about that.
But it looks like that could be stymied a bit by higher jet fuel prices, which have nearly doubled since before the war.
What we're seeing right now is basically a toilet paper panic on on aviation, on people booking flights, transatlantic airfares for flights twice.
21 days in advance are up about $200 on average compared to a month ago.
So there's increased demand to buy ahead of time.
And airlines are hiking prices as a result.
And prices are going up.
The average airfare in the past week reached $465.
That's the highest price point around this period since at least 2019.
So maybe Barcelona and the Trevi Fountain over in Rome are saying, oh, wow, maybe we'll have one summer where we don't have a lot of over-tourism by Americans.