John Townsend
Public Relations Manager, DC
O: (202) 481-6820 (ext. 4462108)
C: (202) 253-2171
jtownsend@aaamidatlantic.com

The Week

Local gas prices continued to decline this week ahead of the busy Thanksgiving holiday, which is welcome news for Washington, D.C. metro area motorists getting ready for a holiday road trip.  AAA anticipates the highest travel volume for the holiday since 2005, so declining gas prices are something to be thankful for this year.  While prices hover closely to last Thanksgiving’s price levels, price volatility is still possible through the end of the month.

 

Today’s national gas price average is $2.59, down one cent in the last week, down five cents in the last month and up one cent from this time last year.

 

CURRENT AND PAST GAS PRICE AVERAGES

Regular Unleaded Gasoline (*indicates record high)

 

 

 

Today

 

Week Ago

 

Year Ago

 

National

 

$2.59

 

$2.60

 

$2.58

 

Washington, D.C.

 

$2.68

 

$2.67

 

$2.82

 

D.C. Metro

 

$2.47

 

$2.48

 

$2.56

 

Crude Oil

 

$57.77

per barrel (11/22/19)

 

$57.72

per barrel

(11/15/19)

 

$50.42

per barrel

(11/23/18)

 

 

At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled $57.77 per barrel, 5 cents higher than last Friday’s close. Crude prices jumped yesterday, surging more than two percent to levels not seen since September. The cause is most likely reports that OPEC and its allies may extend cuts in output through the middle of next year. News of a new round of U.S. and China trade talks also helped push prices higher.

 

The Weekend

“AAA anticipates the second-highest automobile travel volume on record for the upcoming Thanksgiving holiday period, which will likely cause demand for retail gasoline to increase,” says John B. Townsend II, manager of Public and Government Affairs for AAA Mid-Atlantic. “Rising crude prices and an increase in gasoline demand may result in price fluctuations through the end of November.”

 

The Week Ahead

AAA Mid-Atlantic estimates that nearly 1.35 million Washington, D.C. metro area residents will travel 50 miles or more Thanksgiving holiday weekend, with 1.2 million traveling by car, representing 91% of all holiday travelers. This will mark the highest Thanksgiving travel volume since 2005. For the majority of Americans, AAA expects gas prices to be fairly similar to last year’s Thanksgiving holiday. 

 

AAA has a variety of resources to help motorists save on fuel:

                  

AAA is the most comprehensive resource for gas prices.  Unlike the Lundberg Survey of 7,000 gas stations, AAA reports reflect actual prices from credit card transactions at more than 100,000 gas stations in the U.S.

 

Next Weekend Gas Watch: Friday, December 6, 2019

 

 

Follow us on Twitter: @AAADCNews

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Washington, D.C. Mailing Address:
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AAA provides automotive, travel and insurance services to 60 million members nationwide and nearly 82,000 members in the District of Columbia.  AAA advocates for the safety and mobility of its members and has been committed to outstanding road service for more than 100 years.  The not-for-profit, fully tax-paying member organization works on behalf of motorists, who can now map a route, find local gas prices, discover discounts, book a hotel and track their roadside assistance service with the AAA Mobile app for iPhone, iPad and Android. For more information, visit  http://aaa.com

TEDx Wilmington Salon

Who's in the Driver's Seat? The Transformation of Transportation

On Tuesday, October 17, 2017, AAA and TEDx Wilmington held the first TEDx Salon dedicated to ideas worth spreading in transportation.

This event had:

  • 12 live talks given by 13 speakers
  • 368 people in attendance at the live event
  • More than 7,500 viewed the event online through Livestream, viewing events, and on the AAA Associate network
  • Online viewers came from all 50 states and approximately 30 countries around the world

View a slideshow from the event

This TEDx WilmingtonSalon was organized in partnership with AAA

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