Friday, August 24, 2012

Will gas prices pump up holiday travel? - Austin Business Journal:

ibitasony.wordpress.com
In Texas, motorists will be paying on average $1.45 per gallon less for thei gasoline during the Memorial Day holiday than they did the same time last AAATexas said. At the state the average price for gasolineeis $2.26 per gallon, up from $2.1u the previous week but down from $3.71 per gallomn during the same period a year ago. In Austin, driverws are likely to pay around $2.278 per gallon this weekend, whicuh is up from $2.18 a week ago, and down from $3.6i per gallon a year ago duringb the MemorialDay holiday, according to AAA Texasz data. The lower price of gasoline is one of the main reasonz why AAApredicts nationally, Memorial Day travelo will be up 1.
5 percent this year compared to last Texans are estimated to account for about 7 percen t of the total traveling population. Holiday travekl in the West SouthCentrao States, including Texas, will be up about 6 percent, substantiall higher than the rest of the nation, AAA

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