Newspaper Ads from the 7 Rivers Region Classifieds from the 7 Rivers Region Jobs in the 7 Rivers Region Cars in the 7 Rivers Region Homes for Sale in the 7 Rivers Region Rental PRoperties in the 7 Rivers Region & Rivers Region Website Directory Shopping in the 7 Rivers Region
 SPONSOR LINKS
spacer
spacer
 Home > Thisjustin > Story

Published - Friday, May 16, 2008

POST COMMENT | READ COMMENTS (2 comment(s))

AAA predicts high gasoline prices will deter Memorial Day travelers

   Advertisement   
Advertise Info. Website Directory
.
High gasoline prices are expected to mean fewer travelers on the road for Memorial Day weekend than last year, the first time in a decade that the number will decrease, according to an AAA forecast issued today.

Nationally, nearly 31.7 million people are expected to travel on the highways, down 1 percent from the 32 million people who drove a year ago.

In the five-state Great Lakes region, including Wisconsin, nearly 5.7 million people are expected to travel during the holiday weekend, also down 1 percent from last year. About 4.8 million of them will drive and they'll pay more for gasoline than a year ago, when the Madison area's average price was $3.246.

Gas prices set new records in Wisconsin and Madison on Wednesday, according to the AAA Fuel Gauge Report. Statewide, prices rose to $3.817 a gallon for regular while Madison's new record price was $3.80 a gallon.

Record highs also were set Wednesday in Eau Claire, Green Bay, La Crosse, Janesville-Beloit and Milwaukee.

"The prolonged effect of these gas prices is finally starting to take its toll on people's summer travel plans," said Pam Moen of AAA Wisconsin. "If we continue to see a declining trend in subsequent holidays, it could start to adversely affect the state economy and tourism destinations."

Nationally, gas prices rose 2.5 cents to a record $3.758, according to AAA, while light, sweet crude oil for June delivery fell $1.58 to settle at $124.22 a barrel Wednesday on the New York Mercantile Exchange.

Despite the price records set Wednesday, Moen said there are reasons for some optimism. She said a recent forecast by the International Energy Agency indicated global demand is weakening. Supplies have been strong and demand has been declining in the U.S.

"If we see demand drop dramatically and nothing else goes wrong, we may not see prices continue to rise into the summer," she said.

Besides highway travelers, about 4.4 million people nationally will travel by air during the Memorial Day weekend, down 0.5 percent from a year ago, according to AAA. Among the Great Lakes travelers, 384,000 will fly.

Gas prices won't be the only added expense for Memorial Day travelers. Car rental rates are expected to climb and some hotel rates also will be higher, according to AAA's Leisure Travel Index.
.
   Advertisement   
 Tell us what you think...

 Comments »

I think wrote on May 17, 2008 6:12 PM:

" a performing arts center that draws locals back over and over again would be just the thing. A constantly changing menu of things to do for all different age groups. A beautiful building with the back drop of the valley. It has worked in other places. People like to go out to eat prior to attending and walking there is the best. Graduations are also held in places like that. A tourist center? pretty soon tourists are gonna be so rare that we will have to hang pictures of them in.. a tourist center... "

Thats OK cuz wrote on May 15, 2008 6:10 PM:

" once we build that tourist center it won't matter how high the price of gas goes. People will flock here to see the same urinals and arrowheads over and over--so the consultants tell us. And once the summer gas price comes down the tourists will flock here in the winter...ah because we are a destination? Too bad that we didn't do a little adaptive thinking about this whole issue. Things change, but we kept thinking they didn't. "


The comments above are from readers. In no way do they represent the views of the Onalaska Life.

 Post a comment »

(optional)
   
Thank you for your comments! Once your comments are approved, they will appear on the site.
About Us | Advertise Online | Contact Us | Disclaimer | F.A.Q. | Privacy Policy | Requests | RSS | Webmaster | Website Directory
Copyright © 2006 The Onalaska Life. All rights reserved.
Material from this site may not be published, broadcast, rewritten or distributed. A Lee Enterprises subsidiary.