Denver Drivers Find Gas Prices Below $2 as thanksgiving Travel Looms
DENVER (November 24, 2023) -โ Denver motorists are โคexperiencing a significant break at the pump as gas prices continueโ to fall, with one station reporting โpricesโ under $2 per gallon on Sunday, โคaccording to data from GasBuddy. The timing couldn’t be better, coinciding with the start of โคa majorโ Thanksgivingโ travel weekend.
The dip in prices offers significant savings for Denver-areaโข residents and the influx of travelers expected to pass through the region. Lower fuel costs translateโ directly into more disposable income for holiday spending and reduced โtravel expenses. GasBuddy analysts predict continued, though potentially โฃslower, price declines in the coming weeks, dependent on crude oil prices โคand seasonal demand.
Asโฃ of Monday morning, the average gasโ price in Denver is $2.47 per gallon -โ a decrease of 14.5 cents over the past week. Thisโข price โฃis lower than the national average of โ$3.03 and nearlyโข 30 cents less than the average price in Denver a year ago. November 24th’s โฃaverage is the lowest seen in Denver as 2020, and excluding the โpandemic-related dipโฃ of that year, representsโค the lowest โคprice for this date since 2017. it is indeed also the lowest โaverage price recordedโค in Denver so far this year.
here’s a look at some of the lowest reported prices in Denver as of Sunday andโ Monday:
* โข Shell, 7273 E. Evans Ave. – $1.94
* โโ Sinclair, โ2101 S. Holly โขSt. – $2.03
* QuikTrip,6477 E. evans ave. – $2.03
* โ Murphy Express, 4990 E. Evansโ Ave. – $2.03
* โ Conoco/7-Eleven,โค 7080 Tower Rd. – $2.05
The โShell station on Evans Avenue boasted the lowestโค price in the entire state. The highest price observed in denverโค during the same period was $3.29 per gallon โฃ- a $1.35 difference.
Beyond Denver, surrounding areas are also benefiting from falling prices.Fort Collins’ average is $2.59 per โฃgallon, down 7.3 cents from the previousโ week.Colorado Springsโค has seen a 14.7-cent drop to an โaverage of $2.49 per gallon. Statewide, the average โprice โhas decreased byโ 12.8 cents to $2.71 per gallon.