Posted in In-Class Assignments, Uncategorized

2015 Thanksgiving Gas Prices

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Everyone likes to say that their favorite season is autumn. And while getting to layer up in coats, sweaters, scarves and mittens, those colorful leaves only stay on the trees for so ling.

It all starts with October. The weather is unassuming, still offering warmth and sunshine. Next, you have the stress of picking out a costume for Halloween and figuring out what roads you’ll trick or treat on (or what parties you’ll go to).

Then, October quietly fades into November, and then you slip into December. You’ve gone from sunshine and getting to walk outside without a coat to fighting off colds and holiday’s practically every other week.

Before you know it, romantic strolls and hot cocoa by the fire turn to frantically keeping the house clean and making sure to cook everyone’s favorite potatoes for Thanksgiving. And Heaven forbid you don’t get your Christmas cards out in time.

Well, this year, let there be a little bit more sunshine for you on the holiday of giving thanks. According to GasBuddy.com, gas is expected to be the cheapest it has ever been for this holiday in a decade: just in time for everyone’s Thanksgiving holiday travels.

Gas prices are expected to be the lowest they have been in ten years, coming in at $1.99 a gallon for the national average.

According to Tom Kloza, global head of energy analysis for the Oil Price Information Service, the national average is at $2.072, with 60% of gas fill-up stations selling at under $2 dollars.

“We had lower prices in 2008 and 2009, but not for Thanksgiving,” said Kloza. “The cheapest markets are in the Great Lakes states.”

The states with the lowest gas prices are Indiana ($1.803), Ohio, ($1.804), and Missouri ($1.860).

Gas is relatively inexpensive in the southern states as well, including Arkansas ($1.881), Louisiana ($1.877), Alabama ($1.841), Mississippi ($1.855), Texas ($1.855) and South Carolina ($1.841).

gas graphThe state with the highest gas price is currently California, coming in at $2.740 a gallon in the Golden State.

With gas being an estimated average of $2.81 a gallon last year, we are down by more than a dollar.

The reason that the price for fuel is that the nation has an excess of it. US oil producers are still drilling despite the Organization of the Petroleum Exporting Countries (OPEC) keeping production rates high.

Back in January, the national average for gas was $2.19, which was down from $3.31 per gallon the year before. Now, eleven months later, gas will be under 2 dollars for many states.

The highest gas prices we have ever had were seen back in 2008. Seven years ago, the average price of gasoline per gallon was $3.60, according to the American Automobile Association (AAA).

Most people are not thinking about how great it is that gas prices are finally leveling out with crude oil prices, but rather that they got lucky this holiday season.

Of all the Americans who celebrate Thanksgiving, AAA estimates that close to 42 million people will drive at least 50 miles, with 67% going as far as 200 miles for the 2015 holiday. Hopefully, having such low gas prices will make that drive a little easier.

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Author:

Hello everyone! My name is Maddie and I am a senior the University of Hartford.

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