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National Average Drops Below $4/Gallon as Summer Travel Heats Up

WASHINGTON, DC–Drivers are getting a break at the pump as the summer travel season heats up. For the first time since Mach 30, the national average for a gallon of regular gasoline is down to $3.99. This marks nearly 4 straight weeks of declines. Crude oil prices are down as the U.S. and Iran reach a deal to reopen the Strait of Hormuz. Sliding gas prices come as millions of Americans prepare to travel for Independence Day in record numbers starting next weekend.

The national average per kilowatt hour of electricity at a public EV charging station went down one cent this past week to 41 cents.

For the complete fuel report, including the latest EIA data, state gas and EV charging price trends, and oil market dynamics, please visit AAA Fuel Site.