Fuel costs have remained comparatively quiet in November due to an abundance of crude oil, however pump costs are starting to slowly tick up throughout the Northeast forward of Thanksgiving.
The common fuel value in Massachusetts on Monday was up two cents from final week ($3), averaging $3.02 per gallon.
The Bay State’s common fuel value is 5 cents decrease than the nationwide common.
“Supply and demand are the name of the game when it comes to prices at the pump, so shrinking inventories mixed with modest increases in demand are moving prices upward,” mentioned Mark Schieldrop, senior spokesperson for AAA Northeast.
“Demand, while up, is still lower than this time last year — helping to keep steeper increases in the Northeast at bay,” he added.
Almost 82 million vacationers anticipated for Thanksgiving
AAA tasks 81.8 million folks will journey no less than 50 miles from residence over the Thanksgiving vacation interval — from Tuesday, Nov. 25 to Monday, Dec. 1.
This may be 1.6 million extra vacationers than final Thanksgiving, setting a brand new general document.
Of these 81.8 million folks, AAA tasks no less than 73 million folks will journey by automotive. That might be a rise of 1.3 million automotive vacationers in comparison with final Thanksgiving. It may very well be larger if individuals who need to keep away from airports on the heels of latest flight cancellations determine to drive.
Six million U.S. vacationers are anticipated to take home flights, a 2% improve from final yr.
Journey by different modes — together with bus, practice and cruise — is anticipated to leap 8.5% to almost 2.5 million folks. Buses and trains might see an uptick in last-minute bookings this yr.
Tuesday and Wednesday afternoon are anticipated to be probably the most congested durations earlier than Thanksgiving Day, in keeping with INRIX, a supplier of transportation knowledge and insights. Vacationers returning residence on Sunday ought to anticipate heavy site visitors a lot of the day.
