BALTIMORE, MD—After a sudden rise of more than $1 a gallon in two weeks, the national average price for gas has remained relatively flat this week, AAA reports. The price as of last week was $3.27, which is 20 cents more than last month but 12 cents less than a year ago. The drop in price is being attributed to […]
WASHINGTON, DC—AAA projects 115.2 million travelers will head 50 miles or more from home over the 10-day year-end holiday travel period. This year’s total number of domestic travelers is a 2.2% increase over last year and the second highest year-end travel forecast since 2000, when AAA began tracking holiday travel. 2019 remains the busiest Christmas and New Year’s travel period […]
WASHINGTON, DC—AAA projects that 55.4 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. This year’s Thanksgiving forecast is an increase of 2.3% over last year and marks the third-highest Thanksgiving forecast since AAA began tracking holiday travel in 2000. The top two years were 2005 and 2019, respectively. The Thanksgiving holiday travel […]
ORLANDO, FL—AAA’s Your Driving Costs (YDC) has been a reliable data source for the expenses associated with owning and operating a brand-new vehicle for more than seven decades. Based on the latest figures, the average cost of owning and operating a new vehicle in 2023 has increased significantly, with an annual expense of $12,182 or a monthly cost of $1,015. […]
WASHINGTON, D.C.—The national average for a gallon of gas dropped four cents since last week, despite growing gas demand, according to AAA. However, the price of oil has declined several dollars per barrel and is holding steady below $80, contributing to lower pump prices. As Labor Day approaches, gas demand and volatile oil prices, particularly during an active hurricane season, […]
WASHINGTON, DC—AAA projects that 50.7 million Americans will travel 50 miles or more from home this Independence Day weekend*, setting a new record for the holiday. Domestic travel over the long weekend will increase by 2.1 million people compared to 2022. This year’s projection surpasses the previous July 4th weekend record set in 2019 of 49 million travelers. “We’ve never […]
WASHINGTON, DC—AAA projects that 42.3 million Americans will travel 50 miles or more from home this Memorial Day weekend*, a 7% increase over 2022. This year, 2.7 million more people will travel for the unofficial start of summer compared to last year, a sign of what’s to come in the months ahead. “This is expected to be the third busiest […]
WASHINGTON, D.C.—OPEC’s announcement last weekend that it will cut production by over a million barrels per day starting in a month took the oil market by surprise. In response, crude immediately surged well above $80 a barrel, although it has since struggled to stay above that mark. Meanwhile, the national average for a gallon of regular gasoline rose seven cents […]