Did you know they can sniff a gas station from 20 miles away? Source: Wieck/Via Bloomberg News.
Did you know they can sniff a gas station from 20 miles away? Source: Wieck/Via Bloomberg News.

David Holt, president of the Consumer Energy Alliance, says U.S. holiday makers should focus on their tans rather than their pocketbooks. "Instead of worrying about rising prices when pulling into the gas station this driving season, consumer should be focused on their summer vacations," he said in a statement earlier this week.

With average U.S. gasoline prices climbing to their highest level in a year, however, that's a big ask. A gallon of regular gasoline reached $3.69 this week, up 11 percent so far this year and higher than it reached at any point last summer. So the Trade of the Day is buy a Tesla, sell your Hummer.

To contact the author of this article: Mark Gilbert at magilbert@bloomberg.net.

To contact the editor responsible for this article: James Greiff at jgreiff@bloomberg.net.