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We are seeing gas prices drop dramatically. Thirty states are below $3, compared to 17 last Monday.
Catherine Rossi
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This is the first time we?re saying something like this because we haven?t seen this kind of increase before. We know there?s no shortage of crude oil right now. Oil inventory data shows there is more oil available now than a year ago.
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We'd like to know why prices are not declining in line with the national average.
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Rate increases for lodgings are mostly a result of supply and demand, especially in major markets. Rising energy costs as well as salary and benefit costs are certainly having an impact on the hospitality industry.
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When we see gas prices going up to where they are now with no clear end in sight, people reconsider their options.
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Being lost doesn't always have to be a bad thing. After all, when Columbus got lost, he discovered America.
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