India, Nov. 9 -- US gas prices have fallen for six weeks in a row, giving some relief to American drivers ahead of the Thanksgiving holiday. However, petrol prices are still higher than they were during previous Thanksgiving holidays, meaning drivers could end up paying a record amount for fuel during this year's holiday travel season.

The average price of regular gasoline in the US stood at $4.01 per gallon on Monday, according to the American Automobile Association (AAA). This is around 10% lower than the recent peak of nearly $4.48 per gallon in late September, based on data from the US Energy Information Administration (EIA).

Wholesale gasoline prices have fallen even faster than the prices drivers pay at fuel stations. Gasoline fut...