Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Gasoline Prices Fall Ahead of Thanksgiving

November 21, 2016

Photo via Wikimedia.
Photo via Wikimedia.

The average price of a gallon of unleaded gasoline fell to $2.14 on Nov. 21, which marks the second-cheapest gasoline price since 2008 for the Thanksgiving Day holiday, according to AAA.

Gasoline prices fell three cents for the week and nine cents for the month. Drivers have pocketed significant savings over the past year, as pump prices are only five cents higher than a year ago.

The decline comes amid fluctuations in the oil market, as OPEC is considering an agreement to reduce or freeze production, which could include a production cap for Iran. That country has not been supportive of an agreement that will curtail the amount of oil they produce.

The West Coast remains the most expensive region to buy gasoline in the country, led by Hawaii ($2.86), California ($2.70), Washington ($2.63), Alaska ($2.61), Nevada ($2.47) and Oregon ($2.45), AAA reports.

Average gas prices are below $2 per gallon in 12 states today including Oklahoma ($1.85), Missouri ($1.90), Arkansas ($1.90), Kansas ($1.90), Texas ($1.92), Mississippi ($1.95), Alabama ($1.95), Minnesota ($1.95), South Carolina ($1.96), Tennessee ($1.96), Louisiana ($1.97) and Virginia ($1.99).

Federal fuel data shows a similar trend. The gallon price average fell 2.9 cents to $2.155 for the week ending Nov. 21. That price is 6.1 cents higher than a year ago. Meanwhile, the average price of diesel fell 2.2 cents to $2.421. Diesel is 2.4 cents lower than a year ago.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Faq Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Established in 1986, Fleet Response creates custom-designed fleet management services for its clients.

Read more

Up Next

More From The World's Largest Fleet Publisher