Summary
With Thanksgiving approaching, many Americans are planning trips, and gas prices are a key concern. This year, the national average for gas is slightly higher than last year but adjusted for inflation, prices are effectively lower. Gas prices differ across the U.S., with California being the highest and Oklahoma the lowest.
Key Facts
- AAA predicts 81.8 million people will travel at least 50 miles for Thanksgiving.
- The national average gas price is $3.055 per gallon.
- Last year, the average was $3.02 per gallon.
- Crude oil prices have decreased by $10 per barrel since last year.
- California has the highest gas prices at $4.592 per gallon.
- Oklahoma has the cheapest gas at $2.498 per gallon.
- Gas prices tend to fall in the fall and winter due to lower demand and cheaper seasonal blends.
- Gas prices dropped below $3 per gallon last month for the first time since President Trump took office in 2025.