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Thanksgiving 2015 gas prices are lowest since 2008, according to AAA
Here’s something to be thankful for: The price of gas this Thanksgiving week is the lowest it’s been in seven years.
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“Motorists are saving around $11 for a full tank of gas compared to this time previous year”, spokesman Mark Jenkins said in the AAA’s weekly gas price brief.
According to the Oil Price Information Service, Thanksgiving travelers will pay less for gasoline than they have in more than a decade. “That’s the lower gas prices”. Many other areas, including northwest IN, will see prices below $2 a gallon.
In Minnesota, the average cost for a gallon is $2.004, the report shows, while GasBuddy.com says the lowest price for a gallon of gas in the state Tuesday morning was $1.75 in Granite Falls. “Everyone’s going to stay within competition and you’re going to see gas prices very close to that statewide average”. According to AAA, they expect 42 million Americans to travel by auto this holiday weekend.
And the Triple-A survey of airfares shows they are down 10% from a year ago, so flying could be a little more affordable.
“This Thanksgiving, more Americans will carve out time to visit friends and family since 2007”, said Marshall Doney, AAA president and CEO, in a press release.
Almost 47 million people in the USA are expected to journey 50 miles or more during the holiday week starting Wednesday, according to an American Automobile Association forecast. The Orange County average price has dropped 15.3 cents during the streak, including six-tenths of a cent on Monday.
“With gas prices plunging under $2 just in time for Thanksgiving Day, it’s a flawless reminder- some folks automatically expect gas prices to rise in advance of a major travel holiday, that’s become a popular misconception and this holiday exemplifies the point”.
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And if you plan on driving, AAA recommends you get plenty of sleep, stop every couple of hours and make sure you have your vehicle battery checked.