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Gas prices fall as Thanksgiving travel begins

Posted: 8:09 AM, Nov 20, 2018
Updated: 2018-11-20 12:03:52-05

Gas prices continue to fall ahead of the Thanksgiving holiday.

The national average for a gallon of regular gasoline is $2.61, according to AAA.

In California, prices are significantly higher. AAA says the prices are the second-highest in the nation, after Hawaii.

The average for a gallon of regular gas in California is $3.63.

Prices are even higher on the Central Coast, however, they’re still lower than they were a week ago.

In San Luis Obispo County, the average price for a gallon of regular gas is $3.77. The average price just a week ago was $3.81, and a month ago it was $3.91.

In Santa Barbara County, the average price for a gallon of regular gas is $3.67. The average price a week ago was $3.73, and a month ago it was $3.87.

As of Monday, AAA said the national gas price average dropped 7 cents from the week before, which was the largest one-week decline in pump price this year.

Prices are also similar to what travelers saw during last year’s holiday travel period.

“Americans hitting the road for Thanksgiving will find pump prices similar to last year,” said Jeanette Casselano, AAA spokesperson. “When it comes time to fill-up during the trip, motorists should keep in mind that gas stations along highly traveled routes may find prices more expensive than in-town.”

Industry analysts say gas prices are decreasing because of falling crude oil costs.