OH sees cheaper prices for Fourth of July

04 July, 2017, 00:53 | Author: Alicia Barber
  • Gas prices steady

Only Oklahoma, Illinois, and Washington, D.C. saw prices increase, albeit by one cent each, while Hawaii and ME remained flat.

The cheapest gas on average is in South Carolina, Oklahoma and Indiana.

Broward County motorists could find gas for $2.04 a gallon at two stations along North Federal Highway in Pompano Beach - a Valero at the highway's intersection with East Atlantic Boulevard and a Citgo a few blocks north at Northeast 6th Street.

Now one thing to note is even though gas prices are at a record low, the price variance between different cities and states will be at a record high.

"While holiday gasoline demand is likely to reach new highs, it will probably not be enough to cause a significant increase on the price of gasoline in the coming week".

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Meanwhile, the per-gallon price in Broward County on Monday was $2.22, 5 cents less than a week earlier.

Nationwide, the last time gas prices were this cheap for the Independence Day holiday was 2005.

(-18 cents), Texas (-18 cents), Maryland (-16 cents), Iowa (-16 cents) and California (-16 cents). Moreover, last week Baker Hughes, Inc. reported that for the first time in 24 weeks, the USA lost two oil rigs - bringing the total rig count to 756. The overall figure reflects a 3 percent increase compared to a year ago. Couple this with crude oil prices averaging $46 a barrel, and you have prices at the pump on the decline, according to the release. The complete AAA/IHS Markit 2017 Independence Day holiday travel forecast is available here.

The Fourth of July weekend is expected to see more trips than ever before, according to AAA.



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