UPDATE 1-U.S. miles driven in May drop record 3.7 pct - gov't


(adds details, quotes from U.S. transportation secretary) WASHINGTON, July 28 (Reuters) - The number of miles driven on U.S. highways in May fell a record 3.7 percent, or by 9.6 billion, from last year because of soaring fuel costs, the U.S. Transportation Department said Monday. It was the biggest drop ever for any May, which usually sees increased traffic due to Memorial Day vacations and the beginning of summer. However, high gasoline prices discouraged driving. During the first ...

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