Thanksgiving road trips will be cheaper this year

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About 42 million Americans will hit the road for Thanksgiving this week, and those drivers will enjoy the cheapest gas prices in seven years.

According to AAA, Thanksgiving fuel prices will be at their lowest since 2008.

The nationwide average price for a gallon of gas was $2.10 on Friday. In Washington it was $2.49.

In Kitsap, the average price for a gallon of regular hovered around $2.45. That was 55 cents cheaper than on the same day a year ago (an 18 percent decline).

Diesel took an even more impressive dive in the past year dropping from $3.66 per gallon to $2.76 per gallon, a 25 percent drop.

With prices dropping steadily this month, AAA predicts the national per-gallon average will reach $2 before Christmas, a low not seen since 2009. The global petroleum supply continues to outpace demand, helping drive prices lower.

 

As for holiday travel, AAA forecasts a 46.9 million people will leave home for Thanksgiving this year, 300,000 more than last year. There will still  be fewer people traveling for Thanksgiving than before the economic recession (50.6 million in 2007 was the high).

The vast majority of holiday travelers — nearly 90 percent — will drive, but there’s also some good news for those who fly. Airfares will be 10 percent lower than a year ago. Passengers flying one of the 40 domestic routes will pay around $169 for a round trip.

You can see a slick AAA travel graphic here.

Larry Steagall photo

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