Gas prices to be highest national average for Thanksgiving - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Gas prices to be highest national average for Thanksgiving

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MADISON (WKOW) -- Gas prices in Madison have fallen 7 cents per gallon in the past week, averaging $3.32/g at the beginning of the week.

According to gasoline price website MadisonGasPrices.com, this compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.43/g.

Gas prices in Madison Sunday were 3.6 cents per gallon higher than the same day one year ago and are 20.5 cents per gallon lower than a month 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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