Americans’ Thanksgiving Travel Will Be Accompanied By Record-High Gas Prices

Over the Thanksgiving holiday, Americans should expect to pay the highest gas prices ever, but around 49 million people are still expected to travel. According to a recent estimate by GasBuddy, the national average for petrol on Thanksgiving Day is predicted to be $3.68 per gallon, which is roughly 20 cents more expensive than Thanksgiving last year.

“It has been a dizzying year at the pump,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Motorists are probably feeling queasy not from the eggnog, but from the roller coaster ride at the pump with record gasoline prices earlier this year, which have significantly decreased since mid-summer.”

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The majority of Americans, however, aren’t deterred from traveling to spend Thanksgiving with the people who matter most to them while openly complaining about high petrol expenses, especially now that pandemic measures have become less strict.

Gas prices for Thanksgiving reached their most recent peak in 2012 when the national average was $3.44. According to AAA spokesperson Andrew Gross, the cost also depends on where you’re driving. Despite the fact that the national average is higher, around 13 states, including Texas, have some gas stations that charge less than the national average, he added.

The national average was $3.67 on Sunday, but it has been steadily declining, according to Gross. The national average for last month was $3.83. As many Americans discovered over the past year, inflation has made most everything more expensive, including gas prices, which were raised as a result of limited processing capacity due to Russia’s invasion of Ukraine and shortages in the oil supply.

For a gallon of gasoline, the national average price in June set a new record by being $5. Filling up your tank can still be expensive in some areas; on a typical Sunday in California, the average price is just about $5.27 per gallon.

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People appear to be tolerating the greater expense of gas and travel with a smile since they are eager to see their loved ones after missing previous holidays due to the pandemic. According to Gross, this Thanksgiving travel season will be one of the busiest ever.

According to Gross, almost all Thanksgiving travelers will use cars, which “is common; in fact, it fits the holiday’s character. It’s a five-day travel period so it’s not huge and it’s super family-oriented.”

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