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Gas at four-year high for July 4th, deadly day to drive

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Staff Writer | July 3, 2018
Seven U.S. states raised their gas taxes on Sunday ahead of the Fourth of July holiday and gas prices for the season are expected to be the highes in four years.
July 4th driving
America   The National Safety Council estimates 164 Americans will die
Gas tax increases hit Oklahoma, South Carolina, Indiana, Maryland, Tennessee, Vermont, and Iowa.

Oklahoma hasn’t raised its gas tax in 31 years, but the price hike will help fund teacher’s pay raises, following the state’s massive teacher strike earlier this year.

The tax raise comes just days ahead of the Fourth of July holiday, and July 4th driving projects record travel rates this year, with 46.9 million Americans expected to travel at least 50 miles over the holiday.

Last Independence Day marked the cheapest gas prices since 2005, while this summer is looking to be the most expensive summer for driving since 2014.

Though the average price of gas per gallon dropped from $2.96 last month to $2.85 on Sunday, the cost is still higher than it averaged this time last year at $2.24, according to July 4th driving travel club.

Holiday driving can also be costly in ways that hit more than one's bank account.

The National Safety Council estimates 164 Americans will die and 18,600 will be injured on U.S. roads this Independence Day, which the council measures from 6 p.m. Tuesday to 11:59 p.m. Wednesday.


 

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