The Price of Gas Plummets Just in Time for Thanksgiving
The national average price for a gallon of gas is currently sitting at $2.70, right before Thanksgiving travel is set to begin
Are you currently planning to travel over the Thanksgiving holiday? If the answer is “yes,” then you can expect to encounter a lot of traffic during your journey, as an estimated 48.5 million Americans will be on the country’s roadways at that time.
Still, at least the trip will cost you less on gas, as gas prices are currently $0.21 less than they were a month ago.
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Currently, the national average price for a gallon of gas is at $2.70. At the beginning of November, gas cost somewhere around $2.76.
The current gas price is only $0.14 more than gas cost during November of 2017. Gas hasn’t been this close to 2017 prices since January.
What’s more, analysts say that gas prices could drop even more after the Thanksgiving holiday.
“Prices could plunge even lower, especially if we see a surge in gasoline production after refiners fully restart units from the fall maintenance season,” said Jeanette Casselano, AAA spokesperson.
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Gas will cost you less money per gallon depending on what part of the country you’re traveling through. At the moment, Delaware has the nation’s lowest gas prices, with an average of $2.35.
If your travels take you to Hawaii, prepare to see gas prices that are significantly higher. At an average of $3.91 per gallon, Hawaii’s gas prices are currently the highest in the country.
Meanwhile, Ohio’s gas prices have lowered the most so far in November. The price per gallon of gas has fallen $0.12 during the past week in the Buckeye State, with gas currently costing $2.40 per gallon.
Gas prices could potentially pick up a bit right before Thanksgiving due to an increase in demand. Yet, even then, Thanksgiving travelers will likely find the financial burden of filling up for their trip to be a lot more manageable this year.
News Source: AAA