Sign Up
Stories
Thanksgiving Gas Prices Set to Hit Lowest Level Since 2020
Share
California's High Gasoline Prices
Gas Prices Drop for 61 Days
Gas Tax Repeal Sparks Controversy
Overview
API
Gas prices in the United States are expected to hit their lowest level since 2020 ahead of the Thanksgiving travel period. The national average gas price has dropped to $3.33 from $3.39 last week, $3.58 a month ago, and $3.73 a year ago. Gas demand has decreased, leading to lower gas prices. This will be the cheapest Thanksgiving to travel by car since 2020, with gas expected to be around $3.25 a gallon on Thanksgiving, the lowest since 2020.
Ask a question
How might the lower gas prices affect the overall economy?
How might the lower gas prices impact consumer spending during the holiday season?
What factors contributed to the decrease in gas demand?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Coverage
valdo