The Thanksgiving Effect On Texas Gasoline Price

Next week's Thanksgiving holiday is already being felt at the gas pump. But people who plan to travel by car or truck will pay less for gasoline than they did last year.

Thanksgiving is a road trip holiday.

Doug Shupe with AAA Texas says 3.4 million Texans will travel 50 or more miles away from home for Thanksgiving, the vast majority of them on the roads.

"Ahead of the busy holiday week next week, we're anticipating 3 million Texans will be traveling by automobile. And with that anticipated increase in demand for fuel, we are seeing that the gas price average did go up slightly."

It's typical for prices to rise before a major driving holiday and in Houston the price has gone up eight cents since last week to an average of $2.99 a gallon.

But Shupe says that's 16 cents cheaper than last year heading into the Thanksgiving holiday.

"So for those traveling by car or truck next week to spend Thanksgiving with family and friends, they'll be paying lower gas prices than one year ago."

Shupe says gasoline prices for the holiday are expected to be at the lowest level since 2010.

Bio photo of Laurie Johnson

Laurie Johnson

Local Host, All Things Considered

Laurie Johnson is the Houston host for All Things Considered at KUHF NPR for Houston. Before taking the anchor chair, she worked as a general assignments reporter at KUHF, starting there as an intern in 2002...