Despite this week’s increase in regular gasoline prices to an average of $3.29 per gallon, gasoline prices are lower than three months ago, 14 cents lower than there is a year old, and the lowest before the Thanksgiving holiday since 2010. Traditionally, the Thanksgiving holiday is the busiest part of the year in the United States. AAA estimates that this Thanksgiving holiday weekend, more than 38 million people in the United States will travel more than 50 miles from home by automobile.
Diesel fuel prices were at $0.19 less than a year ago and are expected to remain stable unless global markets are shocked by geopolitics.
