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Cheap gas has travelers going the distance

Tuesday, November 24, 2015 - 01:13

Gas prices are down more than 25 percent from a year ago, and travelers will hit the road in bigger numbers this Thanksgiving weekend. Bobbi Rebell reports.

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Travelers are going the distance this Thanksgiving. Fueling them: gas prices are falling to levels not seen since March of 2009. According to GasBuddy.com, prices at the pump now average just $2.05, a drop of 75 cents from a year ago. That adds up to a savings of $1.5 billion over the five days around the holiday that most people will be traveling. And that has made a big difference in how far travelers are driving, says Gas Buddy's Patrick DeHaan. SOUNDBITE: PATRICK DEHAAN, PETROLEUM ANALYST, GASBUDDY.COM (ENGLISH) SAYING: "Sixty six percent of respondents of a GasBuddy survey said they will be driving 200 miles or more. That is a huge uptick versus what we saw last year, so, it appears that motorists are going to be driving further this Thanksgiving day weekend." Thanksgiving is a popular time to travel. AAA estimates that nearly 42 million Americans plan to take a road trip. That's up slightly from last year. AAA's Robert Sinclair: SOUNDBITE: ROBERT SINCLAIR, SPOKESPERSON, AAA NEW YORK (ENGLISH) SAYING: "Gasoline prices it looks like will be continuing to go lower. We anticipate that they will be below $2 a gallon nationwide by the time we get to Christmas. " Sinclair adds that longer road trips should continue to increase but warns of a downside: more traffic jams.

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Cheap gas has travelers going the distance

Tuesday, November 24, 2015 - 01:13