Nov 15, 2023 - News
Gas prices in Denver's metro area are dipping
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Metro Denver's gasoline prices keep getting lower.
Driving the news: The average price for gas is $3.23 per gallon, down 34 cents from October's average, according to GasBuddy.
- That's 16 cents cheaper than the national average.
Zoom in: The drop in gas prices is related to lower seasonal demand and less expensive winter-grade gas, per Yahoo Finance.
The big picture: Prices are dropping nationwide just as more people plan to hit the road for the holiday season.
- At least 41% of people say they plan on making a road trip this year, up 8% from 2022, according to a Thanksgiving travel survey by GasBuddy.
The intrigue: The national average gas price is projected to drop to $3.25 per gallon, which would save people $573 million during holiday travel compared to last year.