Gas prices fall for 4th of July travel

Wednesday, July 3, 2013 - 11:12am

The price of gas as Fourth of July holiday road trips begin to drop.

If you're hitting the road this July fourth holiday, you could be in luck. Fewer people are expected to travel, and gas prices could be lower. Of course, that all depends on where you live.

Whether you drive a gas guzzler or not it's a good bet you're paying extra attention to prices at the pump if you plan on hitting the road this 4th of July.

"You never know what's going to happen. It goes up and down all the time."

Good news, right now they are going down.

The national average for a gallon of gas is just below $3.50 a gallon.

"It's often a myth that gas prices rise heading into a major holiday. It turns out that's really not the case. In fact this year, gas prices dropped for 20 days in a row."

The reason? Gas supply is up while consumer demand is down.

"One, the economy remains quite weak. Two, people are driving more efficient cars. And three, people really just aren't driving as much as they used to,"

Still, AAA says this year's prices are the third highest on record for Independence Day, right behind $3.57 a gallon in 2011.

And a long way from the sticker shock we experienced in 2008 with gas prices at more than 4 dollars.

Be prepared to dish out more on your holiday road trip if you're driving in West Coast states like California and Washington.

The cheapest spots?

Southern States like Alabama and South Carolina.

Still some would rather stay home than fill up!

"Are you driving anywhere for the fourth?"

"Yeah I'm gonna drive my significant other crazy. That's about as afar as I can afford to get with these prices"

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