AAA: With increased holiday travelers, gas prices at 11-week low

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The number of people traveling by auto is expected to increase by 2.9 percent over this weekend last year, travelers reaching their destination by air is expected to increase 4.6 percent over last year, and all other modes of transportation (including trains, buses, and cruise ships) should increase by about 1.4 percent.

The national average gas price (as of July 2) is about four cents cheaper than this same time previous year, at $2.234 per gallon, and quite low for the summer travel season.

The declining prices occur as a record-breaking 44.2 million Americans said they will drive, fly or cruise between June 30 and July 4 this year, according AAA's Annual July 4th Holiday Travel Survey.

The last time the average has been this cheap was in 2005, according to AAA Northeast.

Israeli plane hits Syrian army in Golan exchange
A picture taken from the Israeli-occupied Golan Heights shows smoke billowing from the Syrian side of the border on June 26, 2017. There has been an increase in such fire from fighting in Syria hitting the Golan in the past few days.


The cheapest gas on average is in South Carolina, Oklahoma and Indiana. This is identical to last week's price.

The monthlong gas-price free fall is a result of skidding crude oil prices in global markets over the past month, spurred by increased drilling production in the United States. Moreover, last week Baker Hughes, Inc. reported that for the first time in 24 weeks, the US lost two oil rigs - bringing the total rig count to 756.

SC still has the cheapest average gas price in the country at $1.90 a gallon, despite a two-cent increase in gas taxes.

Gas Buddy shows the lowest price in Kansas City is $1.84, which makes sense after Monday morning USA gas prices dropped. This would lead to an overall increase of roughly 8.9 percent over last year - which is mostly being attributed to the lowered cost in fuel and a slight uptick in employment and income over the last year. Motorists in Miami-Dade County were paying an average $2.25, a 3-cent drop compared to the previous Monday.

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