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Thanksgiving gas prices highest recorded but Americans still hitting the road
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Gas prices over Thanksgiving 2022 are the highest ever recorded, according to AAA. However, that's not stopping Americans from traveling over the long holiday weekend.
The national average price for a regular gallon of gasoline is about $3.60, the highest figure for Thanksgiving since AAA has been tracking this data since 2000.
Last year, costs were still elevated, sitting around $3.40, according to AAA. Gas was also selling at that level in 2012. Historically, AAA data shows that the national average is more like $2.50 this time of year.
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Currently, prices are a still a dollar more than pre-pandemic times in 2019. However, the national average at the pump has dropped significantly since hitting an all-time record high of about $5 a gallon in early June, which was partly driven by less global refining capacity and sanctions brought on by Russia’s war on Ukraine.