“In Cincinnati the prices we’re seeing are at the lowest average since March 2009”.
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Laskoski does not expect Fort Collins prices to drop to $1.55, like they did in January in parts of the city. That means one in seven people will travel 50 or more miles from their home this week. Driving remains the most popular mode of travel, with 664,000 Coloradans driving this weekend and 53,000 heading to the airport for a flight. Dreaming of a white Thanksgiving?
The national gas average Tuesday was $2.06, according to the AAA Fuel Gauge Report. “It’s very encouraging for anyone planning to travel for Thanksgiving”.
Nationally, the average price for a gallon of regular gas is $2.05. The cheapest markets are in the Great Lakes states. “Gas prices in the Houston area continue to fall”, he notes.
Americans prefer auto travel because it provides more control over expense, trip distance and duration, said Susan Hiltz, AAA spokeswoman in MI.
Trooper Mike Kindhart with the Illinois State Police says it’s important to do what you can inside your vehicle to limit the chances of being in a crash. “It’s never been this low”, he said. The highest prices are in ski country.
To make sure you’re getting the best gas prices on the road, be sure to download a gas-pricing app, DeHaan said. “That’s what always pushes prices lower in the fourth quarter”. A month ago, it was $2.21 and a year ago it was $2.81. Millions of people will be on the move to be with their loved ones for Thanksgiving. Of those making trips, almost 42 million will drive. Global oversupply at a time of weak seasonal demand and a weakened Chinese economy are leading reasons for continuing price decline.
“I’m not going to let the terror alerts and things stop me, because then they win”, she said. The highest price in the continental U.S.is $2.74 in California.
This time a year ago, the national average was about 2.80 per gallon, a far cry from the $2.09 U.S average now.
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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“(Prices) should stay low until we start to switch over again in the spring, depending on variables of course, if there is any disruption in the oil fields in the Middle East or any sort of political or economic changes”, Weinholzer said.
