Gasoline Prices Decrease Ahead of Thanksgiving
Gasoline prices have seen a drop since President Trump took office, with some cities, like Denver, reporting prices below $3 a gallon just before Thanksgiving.
Recent figures from a fuel tracking service show that the average price per gallon in Colorado is currently at $2.590, marking the lowest average for this year. This represents a decrease of 24 cents from an average of $2.830 last year.
One report indicated that some gas stations in the Denver area had prices even lower, below $2 a gallon.
During my visit to Denver over the weekend, I noticed several stations with remarkable prices:
- Shell, 7273 E. Evans Ave. – $1.94
- Sinclair, 2101 S. Holly St. – $2.03
- QuikTrip, 6477 E. Evans Ave. – $2.03
- Murphy Express, 4990 E. Evans Ave. – $2.03
- Conoco/7-Eleven, 7080 Tower Rd. – $2.05
Many likely remember the surge in gas prices during the Biden administration, which peaked at an average of $5.016 per gallon nationwide on June 14, 2022, while Colorado hit $4.903 just days later.
As of Monday, the national average for gas prices was approximately $3.069, right at the start of a busy travel week. According to AAA, prices are “relatively stable compared to last week,” predicting minimal fluctuations during the holiday period. They also released details on the least expensive gas markets across the country.
Top 10 cheapest gasoline markets included: Oklahoma ($2.57), Mississippi ($2.61), Louisiana ($2.65), Tennessee ($2.66), Arkansas ($2.67), Texas ($2.70), Kansas ($2.71), Missouri ($2.73), Alabama ($2.73), and Kentucky ($2.74).
In contrast, the most expensive gas markets are found in California, Hawaii, and Washington.
Top 10 most expensive gasoline markets: California ($4.63), Hawaii ($4.47), Washington ($4.18), Nevada ($3.84), Oregon ($3.81), Alaska ($3.75), Arizona ($3.37), Pennsylvania ($3.29), Idaho ($3.29), and Illinois ($3.29).
Notably, around 82 million Americans are projected to travel during Thanksgiving, with the majority—about 73 million—expected to drive.
Further details show that 6.07 million travelers are anticipated to fly, with another 2.48 million utilizing alternatives like buses, trains, and cruises. These statistics emerged following a period of government shutdown concerns affecting air travel. However, the FAA has now resumed normal operations after addressing staffing shortages.
This scenario unfolds as the Trump administration aims to enhance affordability and address recent inflation concerns faced by Americans.
