Independence Day Holiday Gas Prices Highest in Four Years, but cheaper than Memorial Day weekend

Jul 5, 2018 | Member News

At $2.86, gas prices are at their highest point for an Independence Day holiday in four years. However, for the nearly 40 million motorists expected to travel this week, they will find prices at the pump 11-cents cheaper than this past Memorial Day holiday.

 

“The national gas price average has held fairly steady for the past 10 days, suggesting that U.S. demand is keeping pace with supply and stabilizing summer gas prices,” said Jeanette Casselano, AAA spokesperson. “However, elevated crude oil prices and other geopolitical concerns could tilt gas prices more expensive in the early fall despite an expected increase in global crude production from OPEC and its partners.”

 

Learn more at aaa.com (https://newsroom.aaa.com/2018/07/independence-day-holiday-highest-four-years-cheaper-memorial-day)

 

Source: AAA