Would gas prices stay low till the summer's driving season? In addition...
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M$4 Answers
It will come down to a choice, staycation or cut back on activities at a travel-to location.
There are already many travel bargains available for people. MSN had an article about the drop in cruise prices. Air fares have also dropped. I think those that choose to travel somewhere will have many options available, not just driving.
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M$I would opt for a real vacation this summer, leave the "staycation" for when it really does go sky high again.
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M$We'll most likely do a staycation, because we only just did a driving vacation this fall. There are all kinds of places nearby that we've never been to, but it seems every visitor to our area goes to. It will be fun to play a tourist!
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M$
It's unlikely prices will rise much in the summer.
The oil price is determined by global demand and supply, and demand has fallen back a lot due to the worldwide economic recession. The only way prices are likely to rise a lot is if there was a Middle East crisis. (Much more of a crisis than we have at the moment!)