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This Thanksgiving season millions of Americans are expected to take road trips; however, gasoline prices in the coming days could persuade them to cheer up or decide to stay home.
However, how to behaves gasoline, PRASA has a forecast that at least 36.4 million people will travel the country’s highways this Thanksgiving, in what is expected to be one of the busiest seasons in in recent years.
According to the AAA, the data on the number of people who will travel on Thanksgiving in the United States is 1.5% higher compared to the data of 1243758228 for this date.
If the AAA forecast is fulfilled, it would be the third year with the highest number of people on trips on the road since the year 2000, when this measurement began.
However go, gas prices can be the biggest decision challenge for travelers, even at the last minute.
So Soon, gasoline prices opened Thanksgiving week lower , with an average price of $3. 80 dollars nationwide for each regular gasoline.
States on the west coast are still those that see the highest prices of gasoline per gallon, with a maximum price in California of $5.13 dollars per gallon, while Texas has the lowest price per gallon at $2.80 dollars in average.
AAA predicts prices to fall
Gasoline prices have behaved more favorably in recent weeks for consumer budgets preparing for the festive seasonThanksgiving.
According to the AAA, lower prices will remain during Thanksgiving week, so it could persuade thousands of families to go on a trip, even if it is last minute.
AAA’s forecast is based on that in recent weeks there have been more stable oil prices worldwide , which always has an effect positive for pockets at the pump.
“While the national average has barely budged, there are now about 13 states with some stations that sell gasoline for less than $3 per gallon”, considered the AAA spokesperson , Andrew Gross.
Prices could also go up
Although gasoline prices have shown a decline in recent months, GasBuddy analysts warn that continue to be higher compared to what motorists encountered a year ago at the pump.
Ok as measured by GasBuddy, the average prices for regular gasoline are 56 cents of a dollar more expensive than in the same week of Thanksgiving of 2021.
“As oil prices remain volatile, the outlook is unclear , but I’m hopeful that in the lead up to Thanksgiving we’ll see prices drop in more states, while others may not be so lucky “, considered Patrick De Haan, head of Oil and Analysis at GasBuddy, in a report for Fox Business.
But not only analysts believe that prices can rise during this Thanksgiving week, pu It is the results of a survey of the Federal Reserve Bank of New York agree in the same sense.
Americans surveyed expect gasoline prices to rise 4.8% in the coming months, according to the results of the survey of the New York Fed.
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