Gas prices have hit record highs in the U.S. for the last several months. According to data from the American Automobile Association, the national average price of gas on Wednesday is $4.868. In comparison, on the same day last year, the national average gas price was $3.109.
Now, Americans for Prosperity (AFP), a libertarian conservative political advocacy group that is funded by David and Charles Koch, has started The True Cost of Washington Tour, which plans to hit 100 cities in a little over 90 days.
In collaboration with the group, participating stations across the U.S. are lowering the price of gas, most for limited amounts of time, to $2.38—the average cost of a gallon of gas on January 20, 2021, the day that President Joe Biden was inaugurated.
Drivers have paid record prices for gasoline this year, but costs for the fuel may not have peaked, given strong demand and the potential for disruptions to Gulf Coast refineries in the current hurricane season.
The national average price for regular unleaded gasoline reached $5.034 a gallon on June 16, the highest on record, according to GasBuddy. The price has eased back a bit, posting a weekly decline in the period ending June 20 for the first time in nine weeks. It stood at $4.87 on June 29.
Sheetz is cutting gas costs across all of its locations well below the national and local averages to help drivers get through Independence Day travel.
“Effective immediately, Sheetz, a major Mid-Atlantic restaurant and convenience chain, will help reduce pain at the pump for consumers by reducing the price of fuel to $3.99 a gallon for Unleaded 88 and $3.49 a gallon for E85,” the company said in a news release.
The discounted rate will last until the evening of July 5.
The announcement comes as the national average cost of gas in the region rises above $4.50 in all local jurisdictions, according to AAA.
Gas prices declined by 8 cents this week, according to AAA, but still cost 18 cents more than it did a month ago and $1.66 per gallon more than it did a year ago.
AAA predicts that a record-high number of people will hit the roads this Fourth of July. More than 42 million Americans are expected to drive more than 50 miles during this holiday weekend, according to AAA.
The busiest travel days are expected to be Thursday and Friday, according to AAA. The top destinations in the U.S. for Fourth of July travel are Orlando, Florida, Seattle, Washington, and New York City.
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