{"id":35418,"date":"2023-11-17T20:28:49","date_gmt":"2023-11-17T20:28:49","guid":{"rendered":"https:\/\/microloannexus.com\/personal-finance\/gas-prices-dip-further-bringing-drivers-relief-ahead-of-thanksgiving-aaa\/"},"modified":"2023-11-17T20:28:51","modified_gmt":"2023-11-17T20:28:51","slug":"gas-prices-dip-further-bringing-drivers-relief-ahead-of-thanksgiving-aaa","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=35418","title":{"rendered":"Gas prices dip further, bringing drivers relief ahead of Thanksgiving: AAA"},"content":{"rendered":"
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If gas demand and oil prices remain at lower levels, drivers can prepare for more price drops at the pump leading up to Thanksgiving.\u00a0<\/p>\n

The national average price of gas dipped to $3.34, a six-cent drop from the week prior, according to the latest report from AAA. Pump prices on average are 26 cents less than a month ago and 40 cents less than a year ago. Since reaching its peak in 2023, the national average has either fallen or remained flat for 60 straight days, AAA noted.\u00a0<\/p>\n

“Drivers this Thanksgiving can expect cheaper gas prices,” AAA spokesperson Andrew Gross said. “Ten states now have sub $3 a gallon averages, and more will join soon.\u00a0 And there are thousands of individual stations below $2 per gallon. So savvy drivers will find savings on their way to a turkey dinner this year.” \u00a0<\/p>\n

The West Texas Intermediate (WTI) \u2013 an oil price benchmark \u2013 decreased by $1.60 to $76.66 at the close of Wednesday’s formal trading session. Gas demand fell from 9.49 to 8.95 million barrels per day last week, according to new data from the Energy Information Administration (EIA). \u00a0<\/p>\n

Oil prices declined as tensions over a potential escalation in the Middle East subsided.\u00a0<\/p>\n

If you want to lower your car ownership costs, you could save by shopping for cheaper auto insurance to reduce your monthly premiums. Visit Credible to speak with a car insurance expert<\/u> and get your questions answered.<\/p>\n

FLAT OCTOBER INFLATION LEAVES CONSUMER PRICES UNCHANGED\u00a0<\/strong><\/p>\n

Average U.S. gas prices at glance<\/h2>\n

Since last week, these\u00a010 states have seen the largest decreases\u00a0<\/strong>in their average gas prices, according to AAA.\u00a0<\/p>\n