July Fourth Travel: Gas Prices Plummet, Airlines Struggle, Record-breaking Travel Expected, Tips to Avoid Peak Times, and Roadside Stranded Drivers

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Source: KSL.com
July Fourth Travel: Gas Prices Plummet, Airlines Struggle, Record-breaking Travel Expected, Tips to Avoid Peak Times, and Roadside Stranded Drivers
Photo: KSL.com
TL;DR Summary

Gas prices in the US have taken an almost unprecedented plunge ahead of the Fourth of July weekend, with the national average for regular gasoline dropping to $3.55 a gallon, down from $4.87 a gallon a year ago. This is the second-biggest one-year price drop in the week before the Fourth of July since data began 33 years ago. While this is good news for consumers, factors such as concerns about a potential recession and global supply issues may keep prices relatively stable in the near term. However, the situation in Russia, particularly the war in Ukraine, remains a potential risk that could impact gas prices in the future.

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