New Report Says Thanksgiving Gas Prices Will Be At Their Highest Point In Years
Feeling pain when you fill up your tank lately? You're not alone.
According to WREX in Rockford, gas prices are up recently, and we're about to experience the most expensive Thanksgiving prices in five years.
According to GasBuddy, the expected average price of gas is $2.56 per gallon, a one cent increase from last year.The prices will be the highest since 2014, when the average price of gas was $2.79 per gallon.
Currently, the average price for a gallon of gas in the Quad Cities is around $2.59, which is slightly higher than the national average. However, the Iowa side is generally cheaper than the Illinois side, due to a difference in taxes.
Luckily, prices should begin to fall before Christmas, making out-of-town trips a little bit cheaper.