Monday, November 19, 2012
AAA is forecasting that 43.6 million people will be driving to their Thanksgiving feast. And here's some good news - gas prices are expected to drop by Thursday.
AAA projects 43.6 million Americans will travel 50 miles or more from home during the Thanksgiving holiday weekend. That's an increase of 0.7 percent over the 43.3 million people who traveled last year. This increase marks the fourth consecutive year of growing holiday travelers since 2008 when Thanksgiving travel fell by 25 percent. The Thanksgiving holiday travel period is defined as Wednesday, Nov. 21, to Sunday, Nov. 25. “Thanksgiving travel hit a decade low in 2008 when only 37.8 million Americans traveled,” said AAA President and CEO Robert Darbelnet in a news release. “Since that year we have seen a steady increase in the number of travelers taking to the roads and skies for the holiday. Americans continue to find ways to economize …
Tuesday, August 28, 2012
AAA officials have said that Tropical Storm Isaac -- soon expected to become Hurricane Isaac -- may cause gas prices in Missouri to rise 25 cents a gallon.
Uncertainty over the supply of gas, with the potential disruption of refinery operations on the Gulf Coast, led to a jump in gas prices by as much as 15 cents a gallon overnight Monday, according to Mike Right vice president of public Affairs of AAA Missouri. Officials from AAA have said that Hurricane Issac, which is currently ripping across the Gulf of Mexico, will shut down offshore oil rigs. The National Hurricane Center upgraded the tropical storm to a hurricane on Tuesday with 74 to 95 mph winds. It is expected to hit from an area southwest of New Orleans to the edge of Florida's panhandle. The cheapest unleaded gas available in University City as of Monday afternoon is $3.69 per gallon, at the BP on Olive, which means gas could …
Saturday, June 30, 2012
Prices could drop to as low as $2 per gallon, according to our source.
If you’ve got a vacation planned in the near future, there’s good news for you: gas prices are going down. In fact, the per-gallon price has hit its lowest point this year—on average, about $3.10 per gallon in the St. Louis area. Check out University City Patch's gas price map. “The biggest trend on gasoline prices is the significant reduction in crude oil,” said Mike Right, AAA’s St. Louis-based Vice President of Public Affairs, noting that there has been about a 30 percent price-drop for crude oil since May. “To that, add the fact that inventories of both gasoline and crude oil in the US are quite high, and the demand continues to be very weak,” he said. “We have an abundant supply and an anemic demand—so you can only expect the prices …
Tuesday, June 26, 2012
If you’ve got a vacation planned in the near future, there’s good news for you: gas prices are going down. The per-gallon price has hit its lowest point this year—about $3.10 per gallon in the St. Louis area—and everyone's talking about it.