National Average Gas Prices Fall for 9th Straight Week
UNDATED (WJON News) -- As millions of Americans gear up to hit the road for Thanksgiving, the national average price of gasoline has reached a ninth straight week of declines.
Gas Buddy now counts over 65,000 stations with a price of $2.99 or lower, while 11 states are seeing average prices below $3. We could see five more states join the below $3 club by Thanksgiving.
The fall in prices is largely seasonal due to weakening demand, which could extend for another week or two, leading to potentially the lowest gas prices since 2021 by this Christmas.
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Average gas prices in Minnesota have fallen 5.9 cents in the past week, averaging $3.14.
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LOOK: See how much gasoline cost the year you started driving
To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics (released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.
Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.
Gallery Credit: Sophia Crisafulli
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