Hitting the brakes on decreasing gas prices just as holiday travel picks up, AAA reports

Hitting the brakes on decreasing gas prices just as holiday travel picks up, AAA reports

(As originally published with additional photos, Thu, December 21st 2023)

WASHINGTON (TND) — The holiday travel season is in full swing, but bah humbug, gas prices are done dropping.

AAA reports the national average for a gallon of gas fell to $3.06 on Monday, Dec. 18 — the lowest price of the year — but by Thursday, Dec. 21, it had risen six cents to $3.12.

That’s two cents more than a week ago, making this the first weekly increase since September.

It’s also 17 cents less than a month ago, and two cents more than a year ago.

Oil prices also rose this week due to attacks in the Red Sea. That has some tankers heading way south, below Africa’s Cape of Good Hope, rather than crossing the Suez Canal, adding to transportation costs.

What’s ahead?

“Daily gas prices will likely move back and forth for the next month or so,” AAA spokesperson Andrew Gross said. “Looking back at pre-pandemic 2019, the national average did not make a firm turn to moving higher daily until Valentine’s Day, Feb. 14.”

These are the 10 states where average gas prices changed the most, in either direction:

Hitting the brakes on decreasing gas prices just as holiday travel picks up, AAA reports
FILE – AAA reports the national average for a gallon of gas rose 6 cents from Thursday, Dec. 14, to Thursday, Dec. 21, 2023, its first weekly increase since September. (WSET file)
  1. Florida +16 cents,
  2. Texas +11 cents,
  3. Idaho −10 cents,
  4. Delaware +9 cents,
  5. South Carolina +9 cents,
  6. Illinois −9 cents,
  7. Nevada −8 cents,
  8. California −8 cents,
  9. Colorado +7 cents and
  10. West Virginia −7 cents.

And these are the 10 most expensive states for a gallon of gas:

  1. Hawaii $4.68,
  2. California $4.57,
  3. Washington $4.17,
  4. Nevada $3.89,
  5. Oregon $3.82,
  6. Alaska $3.72,
  7. Pennsylvania $3.43,
  8. New York $3.39,
  9. Vermont $3.33 and
  10. Idaho $3.28.

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