Holiday travelers enjoy lower gas prices - FOX 8 WVUE New Orleans News, Weather, Sports

Holiday travelers enjoy lower gas prices

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New Orleans, La. - Drivers heading out to Grandma's house for Thanksgiving will be getting a little relief at the gas pump.  The cost of gasoline in the New Orleans area dropped another nickel this week, averaging $3.19 a gallon. This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.43 a gallon, according to gasoline price website NewOrleansGasPrices.com.

Gasoline prices have been steadily dropping in the past few weeks.  One month ago, drivers were paying 34 cents more per gallon.  Still, today's prices are  7 cents higher than they were a year  ago.  The national average has decreased 26.4 cents per gallon during the last month and stands 6.5 cents per gallon higher than this day one year ago.

"With Thanksgiving just days away, Americans will be hitting major thoroughfares en masse. While gasoline prices have dropped in the last month and a half, the national average will still come close to breaking a record- the highest ever national average for Thanksgiving," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "I don't really see how gas prices could greatly improve between now and Christmas, given the new military action in the Middle East, and other pressures. It's all but certain the national average will not drop under $3.25 per gallon, which could lead to a perilous start to 2013," DeHaan said.

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