The average price for a gallon of gas in Southern California has dropped nearly 70 cents from a month ago, and holiday travelers can thank a volatile global oil market and seasonal shifts in production costs for lower prices heading into the Thanksgiving holiday.
The shift in prices arrives just as 4.5 million Southern Californians are expected to travel during the holiday break, the Automobile Club of Southern California announced Tuesday. Analysts predict this will break an all-time record for Thanksgiving travel and marks a slight increase from last year.
Nationwide, roughly 54.6 million travelers are expected to travel, with Orlando and Anaheim projected to be the most popular destinations. The top destinations for Southern Californians will be Las Vegas, San Diego, Sedona, the Grand Canyon and Yosemite, among other locations, the Auto Club predicted.
Economy
1 min read
Gas prices down as Thanksgiving approaches
Written by
Reynaldo Mena
— November 19, 2022
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