Gas Prices Drop Nationwide Ahead of Record Thanksgiving Travel

The national average for regular gas has reached its lowest level since 2021, easing costs for millions of holiday travelers.

The national average gas price fell to $3.01 per gallon, marking a six-week decline and the lowest level since May 2021, according to GasBuddy and AAA.
Approximately 72 million Americans are expected to travel by car this Thanksgiving, a record high, with AAA projecting over 79.9 million total travelers across all modes of transportation.
California and Hawaii remain the states with the highest gas prices, averaging $4.37 and $4.53 per gallon, respectively, while Oklahoma has the lowest at $2.43 per gallon.
Experts attribute the price drop to lower demand, seasonal trends, increased oil production, and Thanksgiving promotions, though rising tensions in Ukraine have caused some volatility in oil markets.
AAA and transportation experts warn of heavy traffic during peak travel days and recommend using apps and planning ahead to avoid delays.