Wednesday 26 November 2014

Otmane El Rhazi : U.S. gasoline prices this Thanksgiving are the lowest since 2009

Otmane El Rhazi from Today in Energy.



U.S. retail regular-grade gasoline prices continue to decline, averaging $2.82 per gallon (gal) as of November 24. This average is 47 cents lower than a year ago, and the lowest price heading into a Thanksgiving holiday since 2009. Traditionally, the Thanksgiving holiday is one of the most traveled times of the year in the United States, and much of that travel is by car. AAA estimates that during this Thanksgiving holiday weekend, 41.3 million people in the United States will travel more than 50 miles from home by car.