Gas Prices Surge in Midwest and Gulf Coast; National Average Drops Amid Hurricane Threats

July 4, 2024
Gas Prices Surge in Midwest and Gulf Coast; National Average Drops Amid Hurricane Threats
  • Gas prices have increased in the Midwest and Gulf Coast regions, with the Midwest at $3.42 per gallon and the Gulf Coast at $3.07 per gallon for regular fuel.

  • The Midwest saw a 7-cent increase from last month, while the Gulf Coast experienced a 3-cent increase.

  • The national average gas price is $3.48 per gallon, which is slightly lower than in previous years.

  • Despite the overall national decrease, prices in states like Washington, Oregon, Utah, and Colorado have dropped, while in Chicago, prices range from $4.30 to $4.74 per gallon.

  • Factors such as inflation adjustment and lower oil prices have contributed to the overall decrease in prices.

  • Hurricane Beryl and the ongoing hurricane season could further drive up gas prices nationwide, indicated by a temporary increase in U.S. oil prices.

  • With a record number of people expected to travel this holiday, staying informed on gas prices through AAA's website and Channel 9 Eyewitness News is recommended.

Summary based on 56 sources


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