Wednesday, October 22, 2014 · 5:42 p.m.
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This year is the fourth year in a row that the number of holiday travelers has increased, AAA reported. (Photo: MGNOnline)

The average price for regular gas in Tennessee has declined in the past month, just in time for holiday travel. 

The current state average is $3.14 a gallon. 

It was $3.17 a week ago, and a month ago, it was $3.46, according to AAA's gas gauge

It was slightly higher a year ago, at $3.20. 

In Chattanooga, the current average for regular is $3.12 a gallon. That's down from a month ago, when the cost was $3.46, and a decrease from a year ago, when it was $3.18. 

NBC News reported that average gas prices nationwide decreased by 7.26 cents between Nov. 2 and Nov. 16.

The dip in gas prices comes as AAA predicts that 43.6 million Americans will travel at least 50 miles from home during the Thanksgiving holiday weekend. 

That's a 0.7 percent increase from last year, when 43.4 million people traveled. 

This year is the fourth year in a row that the number of holiday travelers has increased, AAA reported. 

In 2008—in the midst of the Great Recession—holiday travel fell by 25 percent, according to AAA.

“Thanksgiving travel hit a decade low in 2008, when only 37.8 million Americans traveled,” AAA President and CEO Robert Darbelnet said in a prepared statement. “Since that year, we have seen a steady increase in the number of travelers taking to the roads and skies for the holiday. Americans continue to find ways to economize their budgets so they can gather around the holiday table to carve the turkey.”

Leaders with AAA define the holiday travel period as the time between Nov. 21 and Nov. 25. 

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