Drivers filling up their cars on the Fourth of July will encounter the "lowest holiday price" for a gallon of gas in three years, according to a Tuesday projection from GasBuddy. Across the country, they will have to pay $3.49 on average for a gallon of gas on the Fourth of July, which falls on Thursday this year, the company forecasted.
As of late Wednesday afternoon, a regular gallon of gas averaged around $3.507 nationwide, according to the company. "While the first half of the summer has been relatively smooth sailing, the road ahead may be bumpy," De Haan also said Tuesday. "Activity in the tropics has increased, and projections remain for a very busy hurricane season.
While this year’s Fourth of July gas prices may not be expected to be as painful as the last couple of years, that isn’t slated to be the case for tomorrow’s barbecues. The American Farm Bureau said late last month a 10-person Fourth of July cookout will carry a $77.22 price tag this year. That figure, which equates to $7.12 per person, will mark a 5% year-over-year increase.