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National Gas Prices Drop Below $3 Ahead of Thanksgiving

11/30/2025

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Story summary
  • GasBuddy (fuel-price data provider) reports the national average has fallen below $3 per gallon, to $2.99 as of November 29, with 30 states under $3.
  • Crude oil costs declined, OPEC+ increased supply, and refinery outputs improved, contributing to the price drop.
  • American Automobile Association (AAA) estimates about 73 million Americans will travel by car for Thanksgiving, signaling a busy holiday.
  • State prices vary, with Oklahoma averaging $2.36 and California $4.57.