Although gas prices are still high, they are dropping which isn't typically the case around the Fourth of July holiday.
BIRMINGHAM, Ala. - Although gas prices are still high, they are dropping which isn’t typically the case around the Fourth of July holiday.
It is due to several factors including fears of a decline in the global economy which caused oil prices to fall according to industry analysts.This time of year, prices normally go up, but statewide they’re down about nine cents from a week ago.
The relief at the pump may not last that long. Patrick DeHaan with GasBuddy says we could see little bouts of relief here and there this summer, but we may not be done with the fireworks just yet. The national average for a gallon of regular is $4.80 according to AAA. The average in Alabama is $4.40.
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