Motorists can add cheaper gas prices to their list of ‘things for which to be thankful’ this Thanksgiving holiday. Today’s national gas price average is $2.62, which is seven-cents less than a week ago and the largest one-week decline in pump price this year. In fact, the large drop brings the year-over-year differential in gas prices to only seven cents – that is the lowest yearly change seen July 2017.
“The nearly 49 million Americans hitting the road for Thanksgiving will find pump prices similar to last year,” said Jeanette Casselano, AAA spokesperson. “When it comes time to fill-up during the trip, motorists should keep in mind that gas stations along highly traveled routes may find prices more expensive than in-town. Before setting out for the long Thanksgiving weekend, AAA recommends motorists download the free AAA Mobile app to find the lowest gas prices in their area.”
In addition, the AAA app can help travelers make travel arrangements, request AAA roadside assistance among additional resources. Learn more at AAA.com/mobile.
West Coast
Pump prices in the West Coast region remain among the highest in the nation, with six of the region’s states landing on the nation’s top 10 most expensive list. Hawaii ($3.83) is the nation’s most expensive market, followed by California ($3.64), Washington ($3.41), Alaska ($3.30), Oregon ($3.22), Nevada ($3.23) and Arizona ($2.87). On the week, all prices in the region are lower. Hawaii (-7cents), California (-6 cents) and Washington (-6 cents) saw the largest drops.
The EIA’s weekly petroleum status report for the week ending on November 9, showed West Coast gasoline stocks fell by 827,000 bbl to 26.5 million bbl. Stocks are approximately 1.7 million bbl lower than at this time last year, which could cause prices to spike if there is a supply challenge in the region this week.
For more information, visit AAA
