The national average price for a gallon of gasoline dropped about 6 cents over the last week as lower demand and cheaper oil prices have driven travel costs to their lowest levels since 2021.
The decline in gas prices comes as the Transportation Security Administration is anticipating the busiest Thanksgiving travel season ever.
“The fall in gas prices, largely seasonal due to weakening gasoline demand, could extend for another week or two,” GasBuddy analyst Patrick De Haan said in a statement Monday, adding that we could see even lower prices by Christmas.
Jackson by the numbers
– Gas current price: $2.74
— Mississippi average: $2.79
– Week change: -$0.06 (-2.3%)
– Year change: -$0.37 (-11.8%)
– Historical expensive gas price: $4.52 (6/14/22)
– Diesel current price: $3.79
– Week change: -$0.07 (-1.7%)
– Year change: -$1.01 (-21.0%)
– Historical expensive diesel price: $5.36 (6/19/22)
Metros with the most expensive gas
#1. Lihue (Kauai), HI: $5.27
#2. San Luis Obispo-Atascadero-Paso Robles, CA: $5.23
#3. Ventura, CA: $5.18
Metros with the least expensive gas
#1. Henderson, KY: $2.63
#2. Monroe, LA: $2.64
#3. Victoria, TX: $2.64
This story features writing by Dom DiFurio and is part of a series utilizing data automation across 371 metros.