Economics
Americans Paying Highest Thanksgiving Pump Prices in Four Years
- Retail regular-grade gasoline up 4 cents a gallon from 2017
- 48.5m motorists to travel 50+ miles over holiday weekend: AAA
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Americans hitting the road for Thanksgiving can expect to pay the highest holiday pump prices in four years.
U.S. retail-regular grade gasoline averaged $2.61 a gallon on Monday, an increase of 4 cents per gallon from the same time last year, according to the Energy Information Administration. Higher crude prices have kept the cost of gasoline elevated compared to the last few years.