The gas price for this year’s Thanksgiving was, on average, $1.193 higher than when President Joe Biden assumed office on Jan. 20, 2021, indicating an increase of nearly 50 percent over a period of 22 months.
The national regular gasoline price from GasBuddy, as of Nov. 24, was $3.586, compared to $2.393 when Biden was inaugurated as the 46th president of the United States. Since then, gas prices have been on an upward swing, and reached a peak in June 2022, before lowering to the current levels owing to lower demand.
