How's your local tourist economy?
With gas prices at record highs and summer now in full swing, it's no surprise a recent survey of U.S. consumers found that 66 percent said they were changing summer vacation plans because of high gas prices, and 34 percent canceled their plans entirely.
Few analysts think that oil, now above $140 per barrel, will get back down to $100 (indeed, some are now talking openly of $200 barrel oil). So it's safe to say the US tourist economy is probably undergoing a big shift. But where is it shifting to, and what does it mean for local economies in the long run? (read more)
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This is an excerpt from Daniel's blog. Read the full post, plus comments, at:
www.postcarboncities.net/blog
Photo credits:
Sarah Nichols ![]()
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