Travelers See Lowest Prices in Years
Travelers were told to “expect longer wait times and more security” this holiday weekend. Around the country, gas is at its lowest price since 2008.
Using data for selected major USA metropolitan areas recently surveyed by the EIA, the report also noted that retail gasoline prices as of November 23rd ranged from a low of $1.83/g in Houston, Texas to $2.79/g in Los Angeles, California.
People hitting the road in Central Illinois for the what is expected to be a rainy Thanksgiving holiday are seeing the lowest gas prices in nearly a decade.
What’s your favorite Thanksgiving dish?
Airport officials said they estimate 205,000 passengers to pass through the airport today, Friday, Saturday and Sunday, then jump to 219,000 on Monday.
WEATHER: Dreaming of a white Thanksgiving?
Park Superintendent, Becky Bariola, said the 60-room Lodge at Mount Magazine State Park and the 13 guest cabins are completely booked for the four-day holiday weekend that begins tomorrow, Thanksgiving Day. “But especially those of us who are traveling for thanksgiving”. The cheapest markets are in the Great Lakes states. The national average for a gallon of regular unleaded is just $2.05. Colorado could see prices drop to as low as $1.75 per gallon, he said. “That’s my main concern”, he said Wednesday.
“Usually gas is on sale early in the week when demand is at its lowest”, he said. “That’s what always pushes prices lower in the fourth quarter”. They spend less at the pump and more in our stores. “And most people know when they go the supermarket for staples alone, bread, milk, eggs, meat, the prices for all those things are going up”. “I’m getting over there now to help her out and the kids are coming down a little later”, he said.
The Auto Club says you’ll be paying a whopping $5 less for a tank of gas, on average, than you did during this time in 2014. We now stand at $2.06 a gallon.
Nationwide, drivers will enjoy significant yearly savings in the price of gas. “It’s very good for our business to have cheap gas as well”. “That’s really important here at the airport, not only for airport employees but even passengers, if you see something out of place or doesn’t seem right, go to a TSA agent”, said Toni Herrera-Bast, PR Marketing Manager for the Birmingham Airport Authority.
The global energy industry is facing a massive surplus in oil production, which has led many oil companies to shed thousands of jobs and slash investment plans.