### Gas Prices Plummet to Four-Year Low Just in Time for Independence Day As the Fourth of July approaches, Americans are experiencing a significant drop in gas prices, with many states reporting averages below $3 per gallon. This marks the lowest gas prices seen in four years, providing relief for travelers planning to hit the road for the holiday. According to AAA, twenty states are currently enjoying these lower prices, which are expected to save consumers millions during the holiday travel season [https://abcnews.go.com/Business/gas-prices-lowest-level-4-years-ahead-fourth/story?id=123445430]. ### Overview of the Current Gas Price Situation 1. **Current Price Trends**: - Gas prices are at their lowest since 2021, with national averages expected to range between $3.10 and $3.15 per gallon [https://kvia.com/news/2025/07/01/fourth-of-july-gas-hasnt-been-this-cheap-since-2021]. - The average price in some metro areas is reported at $3.65 per gallon, the cheapest for the holiday since 2021 [https://chicago.suntimes.com/news/2025/07/02/gas-prices-holiday-travel]. 2. **Impact on Travel**: - More than 2 million Virginians are expected to travel this weekend, benefiting from the lower gas prices [https://www.13newsnow.com/article/travel/more-than-2-million-virginians-expected-to-travel-for-july-4th-weekend-as-gas-prices-drop/291-b2633a34-76df-4755-ad5b-17b0fca38b33]. - Travelers are enjoying a more affordable holiday compared to previous years, with many planning road trips [https://www.indexbox.io/blog/lower-gas-prices-make-fourth-of-july-road-trips-more-affordable]. 3. **Market Factors**: - The decline in gas prices is attributed to various factors, including reduced risks in the Middle East affecting oil supply [https://oilprice.com/Latest-Energy-News/World-News/Gas-Prices-Fall-to-314-Ahead-of-July-4-as-Middle-East-Risks-Recede.html]. - Experts predict that prices may continue to fall, potentially dropping below $3 per gallon by September [https://www.cnbc.com/2025/06/28/gas-prices-will-be-the-cheapest-theyve-been-in-years-expert-says.html]. ### Supporting Data on Gas Prices - **Average Gas Prices**: - National average: $3.10 - $3.15 per gallon [https://kvia.com/news/2025/07/01/fourth-of-july-gas-hasnt-been-this-cheap-since-2021]. - Metro area average: $3.65 per gallon [https://chicago.suntimes.com/news/2025/07/02/gas-prices-holiday-travel]. - Twenty states below $3 per gallon [https://abcnews.go.com/Business/gas-prices-lowest-level-4-years-ahead-fourth/story?id=123445430]. - **Travel Predictions**: - Over 2 million Virginians expected to travel [https://www.13newsnow.com/article/travel/more-than-2-million-virginians-expected-to-travel-for-july-4th-weekend-as-gas-prices-drop/291-b2633a34-76df-4755-ad5b-17b0fca38b33]. ### Conclusion: A Holiday of Savings at the Pump In summary, **gas prices are at their lowest levels in four years**, providing significant savings for travelers this Fourth of July. The combination of favorable market conditions and a decrease in travel costs is expected to enhance the holiday experience for millions of Americans. 1. **Lowest Prices**: Gas prices are averaging between $3.10 and $3.15 nationally, with many states below $3 [https://kvia.com/news/2025/07/01/fourth-of-july-gas-hasnt-been-this-cheap-since-2021]. 2. **Increased Travel**: Over 2 million Virginians are expected to travel, benefiting from these lower prices [https://www.13newsnow.com/article/travel/more-than-2-million-virginians-expected-to-travel-for-july-4th-weekend-as-gas-prices-drop/291-b2633a34-76df-4755-ad5b-17b0fca38b33]. 3. **Market Factors**: The drop in prices is linked to reduced geopolitical risks and market predictions of further declines [https://oilprice.com/Latest-Energy-News/World-News/Gas-Prices-Fall-to-314-Ahead-of-July-4-as-Middle-East-Risks-Recede.html]. This holiday season, Americans can celebrate with more money in their pockets thanks to the significant drop in gas prices.