Charlotte, N.C. (November 21, 2022) – Gas prices in the Carolinas are falling as Carolinians prepare to hit the road for Thanksgiving. AAA forecasts more than 1.4 North Carolinians and nearly 740,000 South Carolinians will drive to their destination.
“Carolina motorists may have something extra to be thankful for this Thanksgiving,” said Tiffany Wright, spokesperson, AAA – The Auto Club Group in the Carolinas. “Gas prices are likely to keep dropping through the holiday weekend and could ultimately fall 20 to 30 cents per gallon. The decline is being driven by strong refinery output, which led to a big gain in gas supply.”
North Carolina’s current gas price average is $3.32, having a seven-cent decline on the week. This is 14 cents less than a month ago and 12 cents more than last year. South Carolina’s current gas price average is $3.22, also having a seven-cent decline on the week. This is 12 cents less than a month ago and 11 cents more than last year.
Today’s national average of $3.66 is 16 cents less than a month ago and 26 cents more than a year ago.
According to data from the Energy Information Administration (EIA), gas demand fell last week, while total domestic gasoline stocks rose. Increasing supply and fewer drivers fueling up have pushed pump prices lower. As demand remains low and stocks grow, drivers will likely see pump prices dip through the Thanksgiving holiday.
For updated state and metro prices log on to https://gasprices.aaa.com/
About AAA – The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 62 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.