Drivers should have a happy Fourth of July at the pump. Gasoline prices have changed very little this week and, by some analyst estimates, may even fall a bit over the long holiday weekend.
The good news for motorists is that even with more people expected on the roads, ample supplies and anemic demand likely will keep prices fairly stable and below $3 a gallon this summer.
“Americans are hitting the road. They may not be spending money on garments. They may not be putting investments into the stock market, but they are traveling,” said Tom Kloza, publisher and chief oil analyst at Oil Price Information Service.
The national average for retail gas prices fell .04 cent to $2.75 a gallon Friday, 12 cents higher than last year, according to Wright Express and Oil Price Information Service. The Associated Press
