U.S. gasoline prices decline this fall amid lower gasoline demand and falling crude oil prices (11/22/2023)
On November 20, 2023, the Monday before Thanksgiving, the regular gasoline retail price averaged $3.29 per gallon (gal) across the United States, 10% less than the same time last year (Figure 1). In real terms (after adjusting for inflation), retail gasoline prices this Thanksgiving weekend are 13% lower than last year. Prices in real terms for the week before Thanksgiving remain higher than pre-pandemic levels for the third consecutive year. …On November 20, 2023, the Monday before Thanksgiving, the regular gasoline retail price averaged $3.29 per gallon (gal) across the United States, 10% less than the same time last year (Figure 1). In real terms (after adjusting for inflation), retail gasoline prices this Thanksgiving weekend are 13% lower than last year. Prices in real terms for the week before Thanksgiving remain higher than pre-pandemic levels for the third consecutive year. … Read More
