TEXAS — Gas prices have begun to drop across Texas. According to GasBuddy, holiday travelers can expect to pay less per gallon than they have since February.
On November 13, the average price per gallon of gas in Texas was $2.74 with a national average of $3.33.
Now, GasBuddy is saying that for the ninth consecutive week the nation's average gas price has declined, falling to $3.27 per gallon.
“As millions of Americans gear up to hit the road for Thanksgiving, the national average is seeing its longest streak of declines in over a year, reaching a ninth straight week as gas prices fall to their lowest since January,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “GasBuddy now counts over 65,000 stations with a price of $2.99 per gallon or lower, while 11 states are seeing average prices below $3. In addition, we could see five more states join the sub-$3 club by Thanksgiving. The fall in gas prices, largely seasonal due to weakening gasoline demand, could extend for another week or two, leading to potentially the lowest gas prices since 2021 by Christmas.”
GasBuddy demand data also reports that United States retail gasoline demand saw a 1.1% rise last week. This demand is expected to continue through the holidays.
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November 21, 2023 at 01:17AM
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Gas prices continue to drop just in time for Thanksgiving travels - KFDM-TV News
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