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Thanksgiving Gas Prices Will Be At A Record High
Thursday, November 17, 2022

INDIANAPOLIS — When drivers hit the road to go to a Thanksgiving event, they will see the highest gas prices on record.

Analysts from Gas Buddy project that average national gasoline prices will be at their highest seasonal level ever. The national average is projected to stand at $3.68 on Thanksgiving Day, nearly $0.30 higher than in 2021. This is also $.20 higher than the previous record of $3.44 set in 2012.

In Indiana, the average cost of gas as of Wednesday was $3.98. Bloomington has the highest cost of gas at $4.26 while Evansville has the lowest cost of gas at $3.49.

While the gasoline prices will be up, AAA reports that 2022 is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.

AAA predicts that 54.6 million people will travel 50 miles or more from home for Thanksgiving. This is a 1.5% increase year-over-year and is almost back to pre-pandemic volumes.

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