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Thanksgiving Travel Surges Despite High Gas Prices According to AAA

Boise, Idaho – (Release from AAA) Idahoans will travel in droves to see family and friends this Thanksgiving, even if it comes with a higher price tag.  According to AAA, nearly 54.6 million Americans, including 312,000 Idahoans, will set out on a Turkey Day trip this year, despite gas prices that are nearly 50 cents higher per gallon than a year ago.

Today, the average price for a gallon of regular in the Gem State is $4.17 per gallon, which is seven cents less than a week ago and 20 cents less than a month ago.  Meanwhile, the national average currently sits at $3.61, which is 13 cents less than a week ago and 19 cents less than a month ago.

Here’s a seven-year retrospective on Thanksgiving gas prices:

YEARU.S.IDAHO
2021$3.40$3.68
2020$2.12$2.30
2019$2.59$2.96
2018$2.59$2.99
2017$2.52$2.66
2016$2.13$2.36
2015$2.05$2.18

                                                Courtesy AAA Idaho

AAA says that the ongoing boycott of Russian crude and a recent agreement by the Organization of the Petroleum Exporting Countries (OPEC) and their partners to cut production by two million barrels per day have placed additional pressure on global crude prices due to a threat of potential scarcity.  More than 50% of the price of finished gasoline is determined by the price of crude oil.

Today, the West Texas Intermediate benchmark for crude is trading near $77 per barrel, which is about $7 less than a month ago and $1 less than a year ago.

“Falling gas prices are something to be thankful for, but this Thanksgiving’s pump prices are still among the highest on record,” says AAA Idaho public affairs director Matthew Conde.  “Even so, people see family gatherings, particularly around the holidays, as a major factor in their quality of life.  Most people are digging deep and finding a way to budget for the opportunity to connect or re-connect with their loved ones.”

On the road

At the airport

At the hotel

“On any road trip, it’s important to bring an emergency kit, complete with food, water, blankets and other warm clothing, a flashlight with fresh batteries, flares or reflectors, a first aid kit, jumper cables, and basic tools,” Conde said.  “A collapsible shovel could be useful if you need to dig out of the snow, and plan ahead for icy roads and a potential loss of traction – in an emergency, tire chains or socks, sand, kitty litter, or even a floor mat can be used to help you get back on the go.”

Here’s a look at Idaho gas prices as of 11/23/22:

Boise – $4.21

Coeur d’Alene – $3.93

Franklin – $3.99

Idaho Falls – $3.99

Lewiston – $4.32

Pocatello – $4.11

Rexburg – $4.13

Twin Falls – $4.17