Americans hitting the road for Thanksgiving will have something to be extra thankful for: the cheapest gas prices since March 2009.
GasBuddy projects that by Thanksgiving Day, the national average will be $1.99 per gallon, nearly 80 cents per gallon cheaper than last year. Nearly 60% of all U.S. gas stations are now selling gas for under $2.00.
“With gas prices plunging under $2 just in time for Thanksgiving Day, it’s a perfect reminder – some folks automatically expect gas prices to rise in advance of a major travel holiday, that’s become a popular misconception and this holiday exemplifies the point,” said Patrick DeHaan, a senior petroleum analyst with GasBuddy. “It’s a trend we expect will continue through the end of 2015, so if you like the prices you see on Thanksgiving, you’ll be delighted when Christmas arrives.”
Click here for GasBuddy’s full 2015 Thanksgiving travel survey results.