As motorists gear up for warmer weather and the driving season ahead, increased consumption triggers higher prices at the pump. |
Rate increases for lodgings are mostly a result of supply and demand, especially in major markets. For both lodgings and restaurants, rising energy costs as well as salary and benefit costs are certainly having an impact. |
The lack of ethanol is one of the problems, and geopolitical unrest is another. |
The unfortunate news is we're going to have to tighten our belts and budget for higher fuel costs. |