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Katrina impact far reaching

While Hurricane Katrina wreaked devastating damage and massive suffering in Louisiana, Mississippi, and Alabama, the economic impact of the storm is being felt far beyond the Gulf Coast region.

With the price of a gallon of gasoline hovering near three dollars and airlines compensating for rising fuel costs by increasing round-trip fares by as much as thirty dollars, the travel budgets of companies across the U.S. are straining at the seams.

Increasing travel costs, combined with general economic uncertainty, are leading business owners and company executives to help secure their bottom lines by seeking less expensive technological alternatives to routine business travel.