Gas Prices High Ahead of Busy Thanksgiving Holiday

Gas Prices High Ahead of Busy Thanksgiving Holiday
Cars travel north towards Los Angeles on interstate highway 5 in San Diego, Calif., on Feb. 10, 2016. Mike Blake/Reuters
Bryan Jung
Updated:
Gasoline prices remain historically high, frustrating drivers at the pump as they head into the Thanksgiving Day holiday, with AAA predicting 48.3 million drivers heading to holiday destinations, with numbers approaching 2019 levels.

While the national average price of regular gas has eased a little in recent weeks, it was up at $3.398 a gallon on Nov. 24, which is 61 percent higher than a year ago. Since Labor Day, the price of crude oil tumbled into the mid-70s after being stuck above $80 a barrel, raising questions if this will translate into some relief at the pump for drivers.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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