Gas prices in the United States are set to decline by 10% ahead of the Fourth of July weekend. This comes after domestic gasoline prices peaked at $3.67 per gallon on April 18 and have since declined by about 6.5%. Currently, gas prices are holding near $3.45 per gallon. Despite a 17-cent increase in gasoline futures from their June low, prices are expected to remain stable until after Labor Day. The anticipated drop in gas prices is attributed to supply and demand conditions and a look at wholesale gasoline prices.
Due to supply & demand conditions domestic gasoline prices peaked at $3.67 per gallon on April 18 and have declined about 6.5% & based on a look at wholesale gasoline prices look to fall another 10% as we approach the US July 4 holiday. https://t.co/t8pzz5baev
Record July Fourth Travel Expected As Gas Prices Will "Remain Stable Until After Labor Day"Β https://t.co/IOYYFDWL9s
USA gas prices holding near $3.45 https://t.co/Jb699ISDoy https://t.co/JeoNEYO21v
Gas prices are expected to drop ahead of the Fourth of July weekend. https://t.co/ula444naRy
Gasoline futures up 17 cents from its June low $RB_F $UGA https://t.co/xMRcutG2tV
πΊπΈ Gas prices set to tumble 10% ahead of the Fourth of July https://t.co/WWqBf7MrRM