Gas prices are continuing their downward trend as we head into the Thanksgiving holiday.
AAA of Western and Central New York reports the New York State average today is $3.61 a gallon, down four cents from last week. One year ago, the New York average was $3.86. The national average price for a gallon of gas is $3.31, down six cents from last Monday. One year ago, the national price was $3.67.
AAA projects 55.4 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period, Wednesday through Sunday. That’s the highest forecast since 2019 and most of those travelers, 49.1 million, will drive to their destination. This year, on average, motorists will pay 36 cents less for a gallon of regular than they did last Thanksgiving.
Cheaper oil and lower demand have driven the national average for a gallon of gas down 25 cents in the last month. The New York average is down 18 cents over the same period.
Diesel prices are also dropping. The national average price for diesel is $4.28, down seven cents from last Monday, and down from $5.31 a year ago. The New York average for diesel is $4.63, down two cents from a week ago, and lower than $5.96 one year ago.