AAA: Gasoline nearly one dollar higher per gallon this 4th of July compared to 2020

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DOTHAN, Ala. (WDHN)  — As the nation celebrates its Independence Day Sunday, many drivers are noticing a jump in gas prices while heading to those holiday barbeques, fireworks displays, and festivities.

The national average price of gas stood at $3.13/gallon, according to the latest information from AAA. Motorists are paying nearly a dollar more than July 4, 2020. Data from the Energy Information Administration suggested a slight decrease in demand for gasoline last week.

“Falling gas demand, while supply increases, would typically help to stabilize and reduce pump prices; however, crude prices continue to increase and send pump prices higher,” AAA said.

Experts said those crude oil prices are expected to continue to rise through the summer months, signaling higher gas prices to come.

In Alabama, the average price of gasoline this 4th of July is $2.81/gallon, AAA data showed. Customers are paying almost a dollar more than at the same time last year; however, Alabama’s average gasoline prices have stayed mainly steady compared to one month ago.

In the Dothan metro area, AAA said the average price at the pump is $2.88/gallon.  That figure is a dollar more than the average 2020 Dothan metro gas price.

Information from AAA showed drivers are paying the highest cost-per-gallon in Bullock County this holiday where the average gasoline price is $2.99/gallon.

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