If your holiday plans include driving, it looks like you won’t have to worry about a spike in gas prices while you’re at Grandma’s.
Going into the long holiday weekend, prices at the pump continue their freefall, down to a national average of $1.868 as of today. Now, in “normal” times (whatever that means these days), a holiday weekend and its enormous increase in national miles driven would prompt a spike in prices. Think of this past Fourth of July weekend or Memorial Day, when the crush of vacationers sent the cost of gas soaring.
This Thanksgiving, an increase looks unlikely. Even if there is a spike, it’s unlikely to push gas beyond the $2-a-gallon range.
At least that’s something to be thankful for.
We want to know: How low can gas go? Where’s the bottom of this price decline? Did low prices change your mind about holiday travel? Let us know in the comments.
