Impact of gasoline prices on travel plansAAA estimates the national average price of gasoline will slowly drop through the end of the year and average between $3.20-3.40 a gallon by New Year's Day. Gas prices dropped about 50 cents a gallon on average from September through early December, but remain at record highs for this time of year. AAA does not expect gas prices to have a major impact on travel volume, but consumers could have more money to spend on holiday shopping, dining and entertainment if prices drop through December as expected.Automobile travel remains dominant mode of transportation, air travel increasesApproximately 90 percent of travelers (84.4 million) plan to travel by automobile this holiday season. This is a 1.3 percent increase over the 83.3 million people who traveled by auto last year. Air travel is expected to increase 4.5 percent as six percent of travelers or 5.6 million will take to the skies.
More Than One In Four Americans To Take A Road Trip This Holiday Season: AAA
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