Record-Low Memorial Day Travel Expected Despite Low Prices
Analysts expect travel numbers for this year’s Memorial Day weekend are likely to set a record low despite the cheapest prices in the pump in nearly two decades.
AAA Mid-Atlantic says the national average price for a gallon of regular gasoline was $1.94, an increase of 8 cents in the last week. Analysts say not since 2003 has the national gas price average leading into the Memorial Day holiday been under $2.
Last year, 43 million Americans traveled for Memorial Day Weekend – the second-highest travel volume on record since AAA began tracking holiday travel volumes in 2000.
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