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Posted November 24, 2021Today in Energy

Average U.S. gasoline prices are higher this Thanksgiving than any since 2012 ›

The average price that consumers paid at the pump for U.S. regular gasoline on the Monday before Thanksgiving this year was $3.40 per gallon (gal). This price is $1.29/gal (62%) higher than last year and is the highest pre-Thanksgiving price since 2012 (in nominal terms), according to our latest Gasoline and Diesel Fuel Update. U.S. gasoline prices are 82 cents/gal (32%) higher than at the same time in 2019, before the COVID-19 pandemic. October 2021 had the largest recorded year-over-year increase in gasoline prices, at $1.13/gal, since we began collecting gasoline prices in 1990. More

weekly U.S. average regular gasoline retail prices

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update

Data Highlights

WTI crude oil futures price

11/24/2021: $78.39/barrel

up$0.03 from week earlier
up$33.48 from year earlier

Natural gas futures price

11/24/2021: $5.068/MMBtu

up$0.252 from week earlier
up$2.293 from year earlier

Weekly coal production

11/20/2021: 11.204 million tons

down0.435 million tons from week earlier
up0.446 million tons from year earlier

Natural gas inventories

11/19/2021: 3,623 Bcf

down21 Bcf from week earlier
down320 Bcf from year earlier

Crude oil inventories

11/19/2021: 434.0 million barrels

up1.0 million barrels from week earlier
down54.7 million barrels from year earlier