Prices still up by more than 50% year-over-year.
Gas prices continue slight downward trend ahead of July 4, still sharply elevated from year ago
The Facts Inside Our Reporter’s Notebook
Links
Gas prices continued their modest decline over the past week ahead of the July 4 holiday, coming down from just below a $5-per-gallon average while remaining significantly higher than a year ago.
Average national gas prices tracked by AAA put the average gallon of gas in the United States at $4.84 per gallon, down from $4.85 yesterday and $4.92 a week ago.
Those figures, while still markedly high, are a notable decline from the record set in mid-June when gas prices topped $5 per gallon nationally for the first time in U.S. history.
According to AAA, gas prices a year ago sat at an average of $3.12 nationally,
July 4 has historically been one of the busier travel holidays of the year, with July 3 regularly topping lists as among the busiest driving days across the board.