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US petrol prices at Thanksgiving are the highest since 2012

An estimated 48.3 million Americans Thanksgiving, They will find that petrol prices along their route do not suit their tastes.

Inflation makes holiday meals at your destination expensive to put together and a little more expensive to get there. According to AAAThe national average of $ 3.40 for 1 gallon of unleaded petrol is the highest on Thanksgiving holiday weekends since 2012.

In an era when more cars are turbocharged and require a premium, the national average price for octane fuels is $ 4.03.

The national average for diesel is $ 3.64.

California has the highest average, usually $ 4.70 a gallon and a premium of over $ 5.

>> >> Autoblog Cheap petrol pricing tools near me

However, from a historical point of view, the national average of normal lead-free is much lower at $ 3.40, well below the highest average price. NS What has been recorded so far: $ 4.11 a gallon in July 2008 — this is $ 5.28 in today’s dollars.

Also, current petrol prices do not force anyone to stay at home. According to AAA, projected travel volume has increased by 8% since last year, when pandemic social distance was taken more seriously, but this year’s level is down 3% from 2019.

Thanksgiving is really a driver’s holiday. The number of people traveling by car far exceeds the 4.2 million people expected to travel by plane.

Tuesday, USA President Joe Biden Approved to release 50 million barrels of crude oil from US strategic petroleum reserves to lower pump prices. However, the impact of that move on retail gasoline is not immediately apparent.And that amount may not increase supply so much — it’s just the amount of oil consumed by Americans. 2Half a day.

US petrol prices at Thanksgiving are the highest since 2012

Source link US petrol prices at Thanksgiving are the highest since 2012

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