CLARKSBURG, W.Va. (WBOY) — Soon, many Americans will be hitting the road to visit family and friends for Thanksgiving, and according to GasBuddythey will face the highest “Turkey Day” gas prices ever.
Come Thanksgiving, GasBuddy forecasts the national average gasoline price to be $3.68 per gallon, up nearly 30 cents from 2021 and more than 20 cents above the previous record. Thanksgiving Day price of $3.44 in 2012.
The high price doesn’t seem to deter too many travelers, with 20% more Americans planning to drive to their Thanksgiving destinations this year, according to GasBuddy.
The company offered tips for saving money on gas over the holiday weekend, including finding the best prices, slowing down to reduce gas mileage and paying attention to state lines.
When it comes to state lines, gasoline prices can vary widely depending on proximity to oil refineries and state gasoline taxes. AAA data shows that, generally, if your destination is further north, you’ll likely pay more for gas, but if you’re heading south, you’ll likely pay less at your destination.
Besides, there is no gas tax on Native American reservation landwhere state laws generally do not apply.
Another way to save is to take advantage of the gas station rewards programswhich can save drivers pennies per gallon.
Gasoline isn’t the only thing Americans will pay more for this Thanksgiving. Wells Fargo’s ‘Food for Thought’ financial experts have released an analysis suggesting that high grocery prices due to inflation and supply chain issues could mean the traditional Thanksgiving meal may be cheaper in restaurants than at home this year.
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