Despite pain at the pump, Americans are hitting the road

As petrol prices continue to break records in the United States, putting a significant strain on Americans’ wallets and threatening economic growth, analysts predict that pain at the pump will cause some demand destruction in the coming months of the US summer driving season.

Oil climbed to a two-month high on Thursday on signs of tight supply. But despite soaring prices, the highest inflation in over 40 years, and a plummeting stock market, most American drivers are filling up this…