Experts predict that average U.S. gas prices could drop up to 30 cents per gallon over the next few weeks.
Average prices hit their peak earlier this month before dropping slightly last week. Regardless, the monthly average was still 3.7 cents higher than last month and more than $1.30 higher than the average at the same point last year.that he expected the decrease to"gain momentum" in the days leading into Thanksgiving, although the decrease predicted over the next few weeks will come too late for significant relief before the holiday.
GasBuddy published a survey last week that found less Americans were planning to drive over Thanksgiving when compared to last year, while 78 percent of respondents said that they would drive more if gas prices were lower. "Similarly to last year, motorists are contending with a rise in COVID cases ahead of the Thanksgiving holiday when many drive to celebrate with friends and family," De Haan."Only this year, we're also just cents away from the highest Thanksgiving gas prices ever recorded ... Americans are responding to the prices by slamming the car door shut and staying off the road."
Prices differ significantly by region. Fuel costs in California are the highest in the country at around $4.74 per gallon, while in Oklahoma a gallon costs an average of just under $3. Conservatives have used the sharp increase in gas prices, along with rising inflation, as political ammunition against Biden. Trump insisted prices in California were at $7.50 per gallon during a weekend
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