Thanksgiving Holiday Travelers Expected To See Stable Gas Prices

But AAA says they’re higher than three years ago.

 


Towson, Md (KM). The big rush will soon get underway as Marylanders and other Americans head out to their Thanksgiving Destinations. AAA Mid-Atlantic says drivers will find gasoline prices at  the highest they’ve been since 2014. “We’re looking at very high crude oil prices. We’re seeing an uptick in demand for gasoline that was not  seen in years because of the unseasonably warm fall. And we’re also seeing tighter gasoline supplies,” says spokeswoman Christine Delise.

The auto club says the average price at the pump is $2.51 per gallon, which is four-cents less than the national average. The average price in Frederick is the same as the state, $2.51 per gallon. The highest price recorded in Maryland was in Cumberland at $2.59 per gallon; the lowest was in Salisbury at $2.41 cents per gallon. On Thursday, the price of Weest Texas Intermediate Crude oil closed at $55.14 per barrel, a drop of $2.30 per barrel from the previous week.

But Delise says the price at the pump is expected to go down after the Thanksgiving Holiday. “We’re now heading into colder weather so the demand for gasoline will drop. Thanksgiving will be over. People won’t be taking as many road trips. So demand starts to decline. But we do anticipate declines  continuing through the remainder of the month, into January and February,” she says.

AAA says you can use the club’s Fuel Price Finder to find the lowest price for gasoline in your community. It’s found on .line at AAA.com/fuelfinder. You can also use the Fuel Cost Calculator to help budget travel expenses at Fuel/CostCalculator.AAA.com. In addition, there’s Trip Tik Mobile which helps find the lowest price for gasoline along your travel route. It’s located at AAA.com/mobile.  These services are available to everyone, not just AAA members.

 

By Kevin McManus