TEXAS – With millions of Texans taking to the streets for the Thanksgiving holiday, motorists are seeing the cheapest gas prices in months.
According to AAA Texas, the statewide average price for a gallon of regular unleaded gasoline is $2.97, down 13 cents from last week and 4 cents down from a year ago.
According to the AAA, Texas has the cheapest gas in the country.
Parking spaces at Dallas Love Field Airport will be hard to come by this Thanksgiving weekend
Nationwide, the average gallon of gasoline costs $3.64.
It’s the first time the state’s average gas price has fallen below $3 a gallon since mid-January.
For many motorists, the falling prices during this holiday season are a reason to say thank you.
“It helps me save money and get more gifts for the family,” said Christopher Anderson.
“I love that they come down, I really do,” said Ellwyn Stokel, who is in town from Virginia to visit family.
It was a year ago this week that President Biden first announced the release of oil from the Strategic Petroleum Reserve when prices were rising.
Last month he approved the release of an additional 15 million barrels, completing the plan to release a total of 180 million barrels.
“It’s nice that it’s going down a bit for a change, but at what cost? Further strategic reserves are released, elections are just around the corner. It’s nice, but it’ll go back up I think,” said Richardson’s Zach Nuss.
Market analysts say falling gas prices are due to falling oil prices. West Texas Intermediate crude sells for less than $80 a barrel for the first time since the beginning of the year.
AAA Texas says 4 million Texans plan to travel at least 50 miles from home this Thanksgiving, with 3.6 million being motorists.
“Top Places We Search Texas Travelers Book: Texas Hill Country, Santa Fe, New Mexico, Colorado Ski Resorts, Gulf Coast Beaches and Carolina Coast, Beaches, Mountains, Hill Country, positive destinations for people looking for a little vacation and a bit of Thanksgiving, said Daniel Armbruster of AAA Texas.
Armbruster says the best times to negotiate traffic jams are before 11 a.m. and after 8 p.m
“Be careful with drowsy driving, it can be just as dangerous as drunk driving. Get plenty of sleep, don’t get distracted, never compromise your patience,” he said.
Cheapest gas in Texas
- McAllen Edinburgh $2.77
- Corpus Christi $2.79
- Brownsville-Harlingen $2.79
- Sherman Denison $2.80
- Victoria $2.83
The most expensive gasoline in Texas
- Midland $3.19
- Odessa $3.14
- Wichita Falls $3.11
- El Paso $3.10
- College Station-Bryan $3.07