For those planning to use their RV during the holiday season, there’s good news ahead: National fuel prices are at their lowest they’ve been all year. In the latest AAA National Fuel Price Comparison, the average price for a gallon of gas is $3.06. That price matches the 2024 low record in January.
Lower Demand, Seasonal Dynamics Contribute to Fuel Price Drop
Trends measured by AAA show the average fuel price dropped by 11 cents in November compared to October 2024. They have also come down year-over-year by 23 cents. In addition, 28 states across the United States now have average gas prices below $3 per gallon.
One of the reasons national fuel prices may be going down is due to gasoline demand. According to the Energy Information Administration, demand in November has decreased to 8.41 million barrels, a decrease of almost 1 million barrels. And despite reduced refining, as a result of lower demand, stocks increased slightly.
The news comes as travelers get ready to employ their travel plans ahead of the holiday season, from Thanksgiving and Christmas into New Years. AAA anticipated 80 million Americans traveled over the extended Thanksgiving holiday, with nearly 90 percent taking their trip by car.
States with Lowest (and Highest) Gas Prices Ahead of Holiday Travel
The cheapest states to fill up the RV are located in the Great Plains and Southern United States. The lowest prices can be found in Oklahoma, with an average of $2.54 per gallon. Other cheap gas states include Mississippi, Arkansas, Texas, Missouri, and Kansas. On the other side, Hawaii remains the most expensive state for gas, at an average of $4.57 per gallon. California was a close second at an average of $4.44 per gallon, followed by Washington State, Nevada, and Oregon.
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