Ahead of July 4th, Drivers Get Some Relief at the Pump
WASHINGTON, DC– As millions of drivers fill up and hit the road for the long Independence Day weekend, they’re getting a break at the pump. The national average is down nearly 50 cents from a month ago at $3.83 for a gallon of regular gasoline. While that number is higher than last year, it’s a relief from this past spring, when the national average peaked at $4.56 on May 21. Crude oil prices have fallen to their lowest levels in months, dropping to the $60 a barrel range. Overall, gas prices remain the highest they’ve been in 4 years, but the downward trend since late May is welcome news during the busy summer driving season.
The national average per kilowatt hour of electricity at a public EV charging station remained the same at 41 cents.
For the complete fuel report, including the latest EIA data, state gas and EV charging price trends, and oil market dynamics, please visit AAA Fuel Site.