Gas prices across the nation are lower going into the Fourth of July holiday weekend, a time when a record number of people are planning to hit the road.
$2.6 billion on gas between June 30 and July 5 compared to the same period last year with the lower prices.
This can be seen as a welcome relief for the over 43 million people expected to drive to their destination over the holiday weekend, which is an increase of 2.4% over 2022 and 4% higher than 2019, according to AAA. AAA spokesperson Andy Gross cited flat demand and lower oil prices as contributing factors to keeping prices down. / AP Newsroom)
"Demand has been flat, and the global price of oil has been struggling to stay around $70 per barrel, which is somewhat low," Gross told FOX Business. This means that drivers should continue to see prices drift lower for now. However, he did caution that there will be "some pain points." and we can’t predict with certainty when those prices will start to fall," Gross added.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fourth of July 2023: Where to attend July 4 parades in N.J.Check out this list of Fourth of July parades planned throughout New Jersey in 2023.
Read more »
July 4th 2023: Where to see Fourth of July parades in N.J. (June 30, 2023)Check out this list of Fourth of July parades planned throughout New Jersey in 2023.
Read more »
Fourth of July gas prices: What drivers should expect amid record travel numbersPrices for a gallon of regular unleaded gasoline averaged $3.55 on Thursday, down from $4.868 a year ago, but U.S. drivers will still be paying one of the highest prices for the Independence Day holiday on record.
Read more »
Fourth of July gas prices take an almost unprecedented plunge | CNN BusinessThe roads will be crowded this Fourth of July weekend, but travelers have at least one thing going for them: much cheaper gas prices than last year.
Read more »
Fourth of July gas prices take an almost unprecedented plungeThe roads will be crowded this Fourth of July weekend, but travelers have at least one thing going for them: much cheaper gas prices than last year.
Read more »