Gas prices drop for Thanksgiving travel, could continue to fall

Photo Credit: (MGN Online)

Gage Goulding, Assistant News Editor

PITTSBURGH — Drivers will pay less at the pump during their Thanksgiving travel as gas prices continue to drop across the country.

Oil prices continue to drift lower as the industry settles into the lower demand fall and winter driving season. According to AAA, gas prices will continue to fall as gasoline production continues to rise causing an oversupply.

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Photo Credit: (AAA)

“Prices could plunge even lower, especially if we see a surge in gasoline production after refiners fully restart units from the fall maintenance season,” said Jeanette Casselano, AAA spokesperson. “Also driving down pump prices is the fact that crude oil is selling under $65/bbl, a rare sight this year.”

Gas prices in Pennsylvania averaged $2.84 per gallon, down $0.02 from Wednesday. Last week, gas prices were $0.06 higher at $2.91 per gallon. Compared to Oct. 15, gas prices have significantly dropped, saving drivers $0.22 per gallon. Prices in mid-October reached $3.06 per gallon.

National Gas Comparison
Photo Credit: (AAA)

AAA reports that the price for a gallon of gasoline this time last year $2.79, slightly less than the current price.

Gas prices in Pittsburgh averaged slightly higher than the rest of Pennsylvania at $2.93 per gallon. Prices at the pumps in Pittsburgh have dropped $0.19 over the last month.

The national gas prices are currently sitting at $2.70 per gallon. According to AAA, 41% of gas stations across the country are selling fuel for less than $2.50 per gallon.

National Gas Prices
Photo Credit: (AAA)

The states to get the cheapest gas around the country include Delaware, Missouri, Oklahoma, South Carolina and Ohio, all of which have prices listed under $2.50 per gallon.

Least Expensive Gas Prices
Photo Credit: (AAA)

To read the full report and get the latest gas price information, visit the AAA Gas Price website.