GasBuddy projects highest Thanksgiving gas prices ever
FILE – A customer readies to pump gas at this Ridgeland, Miss., Costco, Tuesday, May 24, 2022. The Labor Department is expected to report consumer prices on Thursday, Nov. 10. (Rogelio V. Solis – staff, AP)
As millions of Americans hit the road for Thanksgiving next week, gas prices will be at their highest level ever on the holiday, according to fuel-saving platform GasBuddy.
The average price for a gallon of gas nationwide is projected to be $3.68, nearly 30 cents higher than last year and over 20 cents higher than the previous record of $3.44 set in 2012.
Currently, AAA reports Nebraska’s average price for a gallon of gas is $3.52 with Lancaster County sitting at $3.59.
Despite the rising prices, AAA still projects an increase in travelers this year. The organization predicts 54.6 million people will travel 50 miles or more from home this Thanksgiving. That’s a 1.5% increase over 2021 and 98% of pre-pandemic volumes.
GasBuddy offers several money-saving tips if you plan on hitting the road next week:
- Shop around for the best prices.
- Slow down on the road: Aggressive driving habits like speeding, rapid acceleration and hard braking can cost drivers hundreds of extra dollars per year in fuel consumption.
- Watch out for state lines: Differences in state and local taxes can make filling up cheaper or more expensive if you’re crossing state lines on your trip.
