Drivers preparing for what is expected to be record Thanksgiving travel will find relatively stable gas prices at the pump, with the national average for a gallon of regular rising only two cents to $3.10, according to AAA.
“As drivers prepare to hit the road for Thanksgiving in record numbers, gas prices are relatively steady compared to last week,” AAA reported. Despite the surge in travel expected over the holiday, demand for gasoline is typically low this time of year, helping to keep prices from rising sharply. Analysts say the broader stability in 2025 has been aided by low crude oil prices and the absence of major storms affecting Gulf Coast refineries.
The national average today stands at $3.100, compared with $3.080 a week ago, $3.036 a month ago and $3.066 a year ago.
New data from the Energy Information Administration shows gasoline demand fell from 9.02 million barrels per day to 8.52 million, while total domestic gasoline supply grew from 205.1 million barrels to 207.4 million. Gasoline production slipped to an average of 9.3 million barrels per day.
In the oil market, West Texas Intermediate crude dropped $1.30 to settle at $59.44 a barrel at the close of Wednesday’s trading session. Crude inventories fell by 3.4 million barrels and remain about 5 percent below the five-year seasonal average at 424.2 million barrels.
Electric vehicle charging costs were unchanged, with the national average holding at 38 cents per kilowatt hour at public charging stations.
California continues to top the list of the most expensive gasoline markets at $4.63 per gallon, followed by Hawaii ($4.47) and Washington ($4.18). Oklahoma remains the least expensive at $2.57, with Mississippi ($2.61) and Louisiana ($2.65) close behind.
For EV drivers, West Virginia is the most expensive state for public charging at 53 cents per kilowatt hour, while Kansas is the lowest at 25 cents.
AAA encourages travelers to check fuel and charging prices along their routes using the TripTik Travel Planner.
