Thanksgiving 2014: Gas Prices Down, Turkey Prices Up
If you're traveling for the holiday, you will save at the pump, but the turkey will cost you more.
According to the U.S. Department of Agriculture, turkey prices (the national average) will be about $.10 cents per pound higher than last year. It's because of fallout from the 2012 drought, which lasted into early 2013. The effects are apparently being felt now on farmers who raise turkeys for the holidays. It takes a while for the ripple effect to be seen.
Natural gas and electricity prices, national average, are expected to be around 6 and 3% higher this year, respectively...so preparing that meal will be a little more expensive.
But the good news? Gas prices down to the low $2.90's. As of Thursday, Costco in Kennewick was registering at $2.93 according to GasBuddy.com. Petroleum experts say in some areas, gas prices have dropped over $.60 cents per gallon from their summer peak.