If you’re traveling out of state this Thanksgiving, prepare to pay a bit more at the pump.
The national average gas price is expected to ring in at $2.53/g, which is the priciest it’s been since 2014, according to GasBuddy.
"This year has been unique at the pumps. Gas prices spent much of the time in the weeks approaching Thanksgiving by rising when typically, they would be on a sizeable downward trend,” said Patrick DeHaan, head of petroleum analysis at GasBuddy. “On average Americans are paying nearly 40 cents a gallon more than last year, which means collectively we’re spending $800 million more on fuel over the Thanksgiving travel period. Drivers should pay close attention to prices to avoid overpaying.”
Despite the higher prices nationally, gas prices have dropped 2.5 cents per gallon in our state over the last week, with the average price capping out at $2.37/g. That’s 28 cents higher than this time last year.
Regardless, higher prices aren’t stopping most from hitting the roads this holiday. Analysts say people are expected to drive longer distances, with 4% more traveling 10 hours or longer compared to last year.