- 21 Nov
Expect more holiday drivers this year
According to the AAA, the number of Americans who will drive 50 miles or more for the Thanksgiving holiday will be 4.3% higher than last year and the highest number since 2007.
According to Marshall L. Doney, AAA President and Chief Operating Officer, Americans are more optimistic about the future, based on several key economic factors including employment, GDP and disposable income, causing an increased desire to travel.
With fuel retailers seeing some of the strongest margins of the year, this holiday should turn out to be a highly profitable one. With retail fuel prices being about $0.43 per gallon lower than this time last year, that gives everyone plenty to be thankful for, both on the consumer and the retailer side.