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Gas prices dip as holidays near

LAWRENCEVILLE -- Driving back from lunch break Monday afternoon, Edward Holland witnessed what he called a "Christmas miracle."

Everywhere he looked, gas stations were selling regular unleaded for the same price: $2.99 per gallon.

"Well, for once in I don't know how long it's less than $3," said Holland as he topped off his tank at an Old Norcross Road station.

Residents from around Gwinnett County filled up their tanks early this week as prices decreased. Like Holland, many bought gas in anticipation of the coming holiday weekend -- when larger numbers are expected to travel for family reunions and social gatherings.

According to the American Automobile Association, about 92 million Americans are projected to travel in their vehicles 50 miles or more during the holidays. It's a 1.4 percent increase over last year's numbers.

Cynthia Brough, public relations director with AAA, said that this year's expected year-end holiday travel volume "is the second highest in the past decade and represents 30 percent of the total U.S. population."

Bill Sutherland, vice president with AAA, said the numbers are "a positive sign for the travel industry."

"As our lives get busier, it is so important to create opportunities for the rest and rejuvenation that result from vacation travel and connecting with family and friends, especially during the holidays," Sutherland said.

Automobiles remain the top transportation choice for the 2011 holiday season, with air travel down about 10 percent according to AAA.

Traveling via automobile remains the most popular choice for Holland as well.

Holland said he and his wife travel to the north Georgia mountains "pretty much every year" to visit extended family.

"I'm glad the prices are going down again," Holland said. "Maybe it's a sign of good things to come."

For holiday travel safety tips, visit www.newsroom.aaa.com.

Comments

kevin 3 years ago

Dips are nice but when are we going to get a "drop?" Where is $2.25/gal gas?

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BuzzG 2 years, 12 months ago

Gas was $1.87 when Obama was sworn in. Now we consider $2.99 great. How the liberal press has manipulated our expectations. Where is the sense of outrage in the press?

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Cleanupguy 2 years, 12 months ago

When Obama was sworn in we were still involved in an unprovoked war financed with borrowed money, the stock market was tanking, unemployment was rising, the auto industry was in jeopardy, we were facing another Great Depression, and Bin Laden was still in business, among a long list of issues – this one seems pretty trivial by comparison. Anyway, darn those third world countries, wanting the same things that we have, and increasingly competing with us for them in the free market. Darn us for only having 2% of the world supply of oil, with no alternatives having been developed. The anti-Obama crowd has shunned regulation and favored free market control (recall the great Georgia natural gas de-regulation and how well that has driven prices – well, UP). Not to mention the Canada to Gulf pipeline that was used in a budget ransom scheme, with most of the throughput not in fact being available here, but planned to be shipped elsewhere, likely raising our current prices even more. We’re getting what we have asked for. Hmmm – the media outlets I’ve watched appear to have reasonably accurately indicated where prices have in fact headed. Personally, I’ve used this information to decide when to buy Exxon stock and such, and it’s worked out quite well – record profits and all.

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