Drivers in Texas may want to give thanks this Thanksgiving that the price of gas continues to drop.
The statewide average for a gallon of regular unleaded gas is now $2.60, 8 cents lower than a week ago and 53 cents less than a year ago, according to AAA Texas Weekend Gas Watch.
In Fort Worth and Arlington, the average is $2.55, 9 cents lower than a week ago, the travel agency reported. Of the major metro areas surveyed, drivers are paying the most in Beaumont — $2.63 — and the least in Amarillo — $2.49.
Nationally, drivers are paying $2.81, AAA reported.
AAA Texas estimates that 3.6 million Texans will travel 50 miles or more from home during the Thanksgiving travel period, from Wednesday to Sunday.
“Those who take road trips for the Thanksgiving holiday will appreciate the lower prices at the pump compared to years past,” AAA spokesman Doug Shupe said. “We are enjoying these lower fuel prices as a result of global oil production exceeding demand and relatively few issues at local refineries.”
GasBuddy.com, a consumer website, said it’s not true that the price of gas jumps before every travel holiday. In 2011, for example, the national average price for gas went from $3.32 on the Wednesday before Thanksgiving to $3.28 the next Monday.
“In some years, we’ve seen occasions, particularly during the Thanksgiving and Christmas travel periods, when prices remained flat or even posted a decline,” said Patrick DeHaan, senior petroleum analyst with GasBuddy.
GasBuddy also cautioned motorists to remember that gas prices can vary from city to city, especially when you cross state lines.