Related: Stable Fuel Spend Keeps Lid on Overall Operating Costs
Gasoline Prices Falls Ahead of Thanksgiving Holiday
The national average price for a gallon of regular unleaded fell 2 cents to $2.54 per gallon to start the Thanksgiving holiday week that's expected to see the most travel in 12 years, according to AAA.

Photo by Vince Taroc.

Photo by Vince Taroc.
The national average price for a gallon of regular unleaded fell 2 cents to $2.54 per gallon to start the Thanksgiving holiday week that's expected to see the most travel in 12 years, according to AAA.
The per-gallon price is now 40 cents more than a year ago. Motorists can find gas for $2.50 or less at 55% of fuel stations in the country.
"Nearly 46 million Americans will travel more than 50 miles away from their home by car this holiday," said Jeanette Casselano, AAA spokesperson. "Many will be thankful to see gas prices trending cheaper in cities across the country. Since 2014, the national gas price average has dropped one to 5 cents heading into the Thanksgiving week."
States with the largest yearly increases include Alaska (+63 cents), Illinois (+59 cents), Indiana (+58 cents), Minnesota (+55 cents), Wisconsin (+54 cents), California (+52 cents), Michigan (+51 cents), Kansas (+49 cents), Iowa (+47 cents), and Colorado (+47 cents).
States with the least expensive gas prices include Alabama ($2.25), Mississippi ($2.26), South Carolina ($2.27), Texas ($2.28), Arkansas ($2.29), Oklahoma ($2.31), Virginia ($2.31), Tennessee ($2.31), Louisiana ($2.33), and Missouri ($2.35).
Meanwhile, the average price of a gallon of diesel fell three-tenths of a cent to $2.912, which is 49.1 cents higher than a year ago, accordin to the U.S. Energy Information Administration.
More Fuel

Fuel Prices Surge in September | September Fuel Update
September brought major fuel price swings, including diesel crossing $6 a gallon. Here’s how gas and diesel prices changed throughout the month, and where they stood heading into October.
Read More →Turning Fleet Payment Data into Executive Insights
Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.
Read More →
Why the IRS Raised Its Mileage Rate in the Middle of 2026
Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
Read More →
July Fuel Update: Prices Keep Rising in Light of More Conflict
Gas prices continue to rise as more and more conflicts do, too.
Read More →
Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
Read More →How Fleets Can Gain Control of Non-Fuel Spend
Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.
Read More →
Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs
The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
Read More →
June Fuel Update: Prices Fall Below $4
Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →
May Fuel Update: All Regions Experience Declines
Gas prices are finally easing in much of the country, but experts warn global tensions could quickly reverse the trend as the national average remains well above last month’s levels.
Read More →