EIA said it expects the price of gasoline to decline through the remainder of 2015, and to average $2.06 a gallon in December. Pumps in Newport are as low as $1.79 and $1.89 around Anderson Township.
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What’s your favorite Thanksgiving dish? In the Cincinnati area, gas prices have dropped 62 percent!
But that sunshine will have no affect on the lines that are expected to form at airports and train stations or the congestion that is bound to slow highway travel.
Almost 89 percent of those visiting family and friends out of town will go by auto, and about 8.5 percent plan to travel by air, the travel group said. “November gas prices have slid significantly lower and holiday travelers will certainly be the beneficiaries”, said Patrick DeHaan, a senior petroleum analyst with GasBuddy.
AAA MI has one more reason for holiday travelers to be thankful: Gas prices statewide have decreased by about 23 cents in the past week. “That’s the main difference between now and a year ago”.
Drivers say that just hope to see these low prices when they’re heading home.
As of Wednesday morning, Lincoln’s average was just a hair below $2.29 a gallon for a gallon of regular unleaded.
Currently, the lowest price in Colorado, $1.64 per gallon can be found in Parker, he said. The national average is 80 cents cheaper than this time in 2014, and it’s got travelers like Sue Burchett excited about the trip.
We aren’t expected to hit subzero temps this year.
So, at major airports, TSA agents are taking more time to search bags and do security checks.
The Sheriff, along with officials we spoke to at the airport, asks that people be alert, and tell someone if they see anything unusual. “I think it’s at least a $1.20 cheaper from Chicago to here”. The highest price in the continental U.S.is $2.74 in California.
But what’s good for consumers is not necessarily good for the oil and gas industry, which is losing jobs throughout oil producing states, including Colorado.
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“Oh yeah, you can always put it on something else”, Gonda said. “We are seeing very high inventories and healthy oil production”.
