Gas Prices Fall to Lowest Since February, More Americans to Travel for Thanksgiving
DALLAS, Nov. 14, 2023 /PRNewswire/ -- GasBuddy®, the leading fuel savings platform saving North American drivers the most money on fuel, today released the results of its annual Thanksgiving Travel Survey, revealing that more Americans plan to hit the road for the holiday. Forty-one percent of respondents said they plan to take a road trip this year, an 8% increase from 2022. Additionally, the national average price of gas is projected to drop to $3.25 per gallon, saving Americans $573 million during holiday travel compared to last year. Fewer respondents (36%) also said their plans were affected by high prices this year than last year, further demonstrating the relief at the pump.
- Additionally, the national average price of gas is projected to drop to $3.25 per gallon, saving Americans $573 million during holiday travel compared to last year.
- "Average gas prices have plummeted in all 50 states in the weeks ahead of Thanksgiving, with $2.99 prices spreading like wildfire just in time for the start of the holiday season.
- Drivers this Thanksgiving will enjoy much-needed lower prices at the pump, but there are additional ways to save money on holiday travel.
- Thanksgiving travel period is defined as Monday, November 20 through Sunday, November 26.