Page added on May 13, 2007
As gas prices rise, many rethink vacation plans
As summer approaches, many families will be making plans to pack their bags and drive to their favorite destinations.
Some of these trips will be forfeited, however, because of high gas prices.
Vacationers may choose to fly instead of drive because gas prices nationwide are expected to be more than $3 a gallon, which can break the bank when it comes to traveling long distances.
Whether these prices decrease or increase depends on several factors, including the demand for and the supply of gasoline this summer, said Jim Couch, professor of economics at the University of North Alabama.
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