AAA: more expected to travel for Memorial Day
The Associated Press
Runoff Election 2009
NEW YORK (AP) — An estimated 32.4 million Americans are expected to travel this Memorial Day weekend, most of them taking advantage of a plunge in gas prices compared with last year, AAA said Tuesday.
The national travel organization estimates show a 1.5-percent increase in travel this weekend. Last year, Memorial Day travel dropped 9.6 percent compared with 2007 as pump prices soared to nearly $4 a gallon.
On Tuesday, retail gas prices averaged $2.25 a gallon, about $1.47 a gallon cheaper than a year ago, according to auto club AAA, Wright Express and Oil Price Information Service.
AAA said about 83 percent of Memorial Day travelers are expected to hit the highways in a motor vehicle. Another 7 percent will travel by plane. The remaining 10 percent will get around by train, bus or another mode of transportation.
AAA based its estimates on a forecast by Boston-based IHS Global Insight.
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May 12, 2009 - 11:57 a.m. EDT
Copyright 2009, The Associated Press. The information contained in the AP Online news report may not be published, broadcast or redistributed without the prior written authority of The Associated Press.
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