Approximately 42 million Americans are expected to take a road trip for the Thanksgiving holiday this week, and according to AAA, drivers should pay the lowest gas prices for the Thanksgiving holiday since 2008.
Even more good news for drivers heading into the busy holiday travel season—AAA says that the national average price of gas remains poised to fall below the $2 per gallon mark by Christmas. Barring any unexpected disruptions in supply, this downward trend should continue heading into 2016.
As of today, AAA says that more than half of U.S. gas stations are selling fuel for less than $2 per gallon. Today's national average price of $2.07 per gallon of regular unleaded gasoline is nine cents cheaper than it was just one week ago. Compared to a year ago, drivers are saving an average of 75 cents per gallon.
AAA points out that 18 states now have statewide averages below $2 per gallon. Pump prices have moved markedly lower in the Midwest in the last week, and Indiana ($1.82), Ohio ($1.83) and Oklahoma ($1.85) edged out Alabama ($1.85) and South Carolina ($1.85) this week as the nation's least expensive markets for gasoline.
Drivers in Hawaii are paying the most to refuel their vehicles, with a statewide average of $2.83 per gallon. Hawaii is followed California ($2.73), Nevada ($2.59), Washington ($2.48) and Alaska ($2.40) as the top five most expensive markets.
North Carolina's statewide average has fallen four cents in the last week to today's statewide average price of $2.05 per gallon.