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High Gas Prices Hamper Independence Day Travel

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Jul 4, 2008 12:18 pm US/Eastern

High Gas Prices Hamper Independence Day Travel

Reporting
Magee Hickey
NEW YORK (CBS) ― More and more people are staying closer home this July 4 weekend, due to high gas prices.

With a barrel of oil at a record high and the national average price for a gallon of gas at $4.09, for the first time in a decade, travel numbers are going down for the July 4 holiday.

The AAA estimates only one million New Jersey residents will travel 50 miles from home, which is down 1.6 percent from last year.

"Clearly we've reached a breaking point at some point, the majority of the nation is paying over four dollars a gallon. And it's definitely having an impact on your everyday life," AAA spokesman Marie Montgomery said.

New Jersey clearly always has the lowest gas prices. The average statewide is $3.99 a gallon. Connecticut's average is $4.37 and New Yorker pay the highest, an average of $4.39 a gallon.

Companies like Greyhound and NJ Transit have added buses and Metro North has additional trains to ferry vacationers out to their destinations.

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