TYLER, Texas (KETK) – With Thanksgiving this year already expected to be one of the most expensive due to a surge in food prices, Texans will also be paying a premium at the pump as they hit the road this week.
A release from AAA Texas said Tuesday the statewide average for a gallon of unleaded gasoline is currently $3.00 even.
While this is a five-cent drop from last week, it is still the highest average price for gas in Texas on Thanksgiving week since 2013. The region paying the most in the Lone Star State is El Paso at $3.22 while Amarillo is paying the least at $2.85.
AAA Texas said nearly 4 million Texans will be traveling further than 50 miles away for the holiday and around 92% of that number will be driving.
Texans may be complaining about the high price of fuel, but it still holds the second-lowest gas price average in the country. The national average currently hovers $3.40.
“92% of Texans who are traveling 50 miles or more for Thanksgiving will do so by car, despite higher gas prices due in large part to more expensive crude oil prices. The price of crude oil accounts for about 50% to 60% of what consumers pay at the pump, so a lower oil price should translate into better gasoline prices for drivers. However, until global oil production ramps back up to pre-pandemic levels, a recent dip in the price of crude may only be temporary.”AAA Texas spokesperson Daniel Armbruster