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Gas prices up, Memorial Day travel down

Retail gas prices hit record highs for a ninth day in a row, according to auto travelers group AAA, as the nationwide average for a gallon of regular unleaded hit $3.787, up from the previous high of $3.776.

Due to those high gas prices, AAA predicts that the nmber of Americans traveling during the Memorial Day holiday will drop compared to the previous year. This is the first decrease in Memorial Day travel projections and marks an indication of summer travel trends.

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About 37.87 million Americans will travel 50 miles or more from home this holiday, AAA says, a decrease of nearly 360,000 travelers from last year's total.

AAA also expects that more travelers will stay closer to home this year, which means local tourist attractions could reap the benefits of higher gas prices.

I haven't made any vacation plans yet so I'm not sure how this affects me. Anyone out there changing their summer plans because of high gas prices?


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