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Thanksgiving 2015 gas prices are lowest since 2008, according to AAA

According to the AAA Daily Fuel Gauge Report, 18 states have average gas prices below $2 a gallon.

Pennsylvania is not one of them but prices are falling.

“Approximately 42 million Americans are expected to take a road trip this Thanksgiving, and drivers should pay the lowest pump prices for the Thanksgiving holiday since 2008. Retail averages have fallen for 17 consecutive days for a total savings of 15 cents per gallon, and the national average remains poised to fall below the $2 per gallon benchmark by the Christmas holiday,” according to AAA.

The average gas price in the Harrisburg area today is $2.25 a gallon — 3 cents lower than last week, the same as a month ago and 69 cents lower than a year ago.

The average price in Pennsylvania is $2.29 a gallon. The national average is $2.06 a gallon.

“Gasoline prices appear ripe to break under the $2 per gallon threshold in the next day or two, something not witnessed since March 2009,” said Patrick DeHaan, GasBuddy senior petroleum analyst. “In addition, oil prices seem likely to spend some time under $40 per barrel, also some of the lowest prices witnessed since the Great Recession- it’ll come in handy not only the week ahead, but for the holiday season as well. Three main factors are leading to the low levels we’re seeing- a seasonal decline in gasoline demand, low and falling oil prices and a refinery maintenance season which is quickly wrapping up,” he said.

The lowest gas price in the Harrisburg area today is $2.14 a gallon at Costco in Lower Paxton Township and Sam’s Club in Swatara Township.

Harrisburg Historical Gas Price Charts Provided by GasBuddy.com

In related news, China slashes wholesale gas prices as it seeks to spur demand for cleaner fuel.

This article was written by Deb Kiner from The Patriot-News and was legally licensed through the NewsCred publisher network.