Gas prices drop as motorists gear up for Thanksgiving travel - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Gas prices drop as motorists gear up for Thanksgiving travel

Source: GasBuddy Source: GasBuddy
BOSTON, MA (WAFB) -

Motorists preparing to travel for Thanksgiving have something to be thankful for: falling gas prices.

GasBuddy, a website and app that provides users with real-time gas prices, projects the national average gas price this Thanksgiving will be the third lowest in over a decade at $2.11 per gallon.

Today’s national average price for a gallon of gas is $2.14, about 65 cents less than the Thanksgiving average two years ago at $2.79.

Patrick DeHaan, senior petroleum analyst at GasBuddy, says motorists will be collectively spending nearly $1.7 billion less at the gas pump than the five-year average. “This year will go down as the first in over a decade that no state - not even traditionally pricey Hawaii or California - has seen its average daily price breach $3 per gallon. We can thank global oil production that continues to outpace rising demand for the low prices,” DeHaan says.

For more information on about GasBuddy, visit there site.

Powered by Frankly