Gas Prices Increase Before Independence Day

July 2, 2018

Gas prices face upward pressure as Independence Day quickly approaches. AAA forecasts nearly 47 million Americans will travel for the holiday. The 39.7 million – who will drive – will find gas prices 50-60 cents more than last year.

“Gas prices should inch higher before July 4, on renewed concerns of global oil supply shortages,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices are back to multi-year highs. So another 5-10 cent increase at the pump would not be out of the question this week, but prices will not rocket high enough to ruin travel plans.”

Gas prices in Florida rose 2 cents during the past week, ending a 34-day decline of 24 cents. Sunday’s average of $2.72 is 56 cents more than this time last year.

The average price per gallon in Escambia County Sunday was $2.71 per gallon, just less than the state norm.

Motorists will find the most expensive Independence Day gas prices in four years. However, prices will remain well below the $3.60 average from July 4, 2014.

Pictured: Gas was $2.69 Sunday at this station on Highway 29 at West Roberts Road. NorthEscambia.com photo, click to enlarge.

Comments

11 Responses to “Gas Prices Increase Before Independence Day”

  1. mike on July 2nd, 2018 11:26 pm

    hi gas prices are good for America, you just don’t know. we were doing better with Texas oil guys in the white house. you know this is true, but you’d never admit it.

  2. Charlie Mike on July 2nd, 2018 11:15 pm

    Did they really drop that much after Memorial Day weekend? Not really. They always find a reason to jack up the prices. If they can’t find one, they create one.

  3. Nick on July 2nd, 2018 5:45 pm

    We get a large portion of our oil via pipelines and train from Canada. I do wonder if upsetting our biggest and largest trading partner for petty reasons might just affect gas prices and other products as well, The future will tell…

  4. SW on July 2nd, 2018 12:31 pm

    1) Supply and demand, sure they plan for it.

    2) State/Federal taxes.

    3) Not just refining capacities; but, different variations of fuels demanded by different areas.

  5. bartender on July 2nd, 2018 11:11 am

    so strange that prices will go down after a holiday and strange all pumps are a different price.why isnt tom thumb prices the same at every store? go across ala line and gas is always 20 to 50 cent cheaper,always in brewton.

  6. Hoosier Daddy on July 2nd, 2018 10:09 am

    @ Anne….not only did the attendant/mechanic provide the services you listed, he cleaned the windshield and swept the car out with a little whisk broom. But, alas, that was the reason the business was called a SERVICE station.

  7. anne 1of2 on July 2nd, 2018 10:08 am

    Sadly, the oil companies stick it to the drivers any time they can make another billion.
    We all know the USA sits on a goldmine of oil but we have to buy elsewhere to keep the wealthy, wealthy. $1.00 overnight if a hurricane comes this way and I have the photos of that.

  8. just listening on July 2nd, 2018 9:43 am

    “Anne” Yep those were the days. I remember gas at $.19 per gallon at my Dad’s service station. The one thing I do not understand is if we are oil free dependent on foreign oil and now producing enough oil here in the US that we can sell to other countries. Then why are our oil product prices so high (gasoline, diesel, motor and other necessary oils). Oil prices must be very cheap in China, as we get eggs here in thin Styrofoam carton and it almost takes a chainsaw to cut through the plastic to open a product that comes from China and some of the other countries. And so on. just saying

  9. retired on July 2nd, 2018 8:47 am

    need to build some new refineries. we keep losing them and not replacing. start using our own oil and not selling it to other countries. then we buy from other countries??????

  10. Anne on July 2nd, 2018 7:34 am

    AMAZING isn’t it, how the gas prices Always seem to JUMP UP just before a holiday?
    Makes me wonder if the BIG OIL companies actually Plan this happening?
    Hummm, anyone else happen to notice this?

    Yes, old as dust, thinking back to when Regular Leaded gas was $0.30 cents per gallon nearly everywhere or $0.25 if two stations had a “Gas War”.
    AND, the attendant actually pumped the gas, checked oil, water, battery and tire pressures and took the money — we used US Currency back then — inside the station and brought back your change hoping for a tip.

  11. mike on July 2nd, 2018 3:23 am

    alright come on 4 dollars a gallon! saudi arabia knows where to go! :)

Written by William Reynolds · Filed Under Archive