Axios: 1 big thing: Highest July 4 gas in years

1 big thing: Highest July 4 gas in years
 
A line chart that tracks average U.S. regular gasoline prices, in dollars per gallon, daily from Jan. 1 to July 2, 2026. Prices rose from $2.8335 on Jan. 1 to a peak of $4.5641 on May 21, then fell to $3.838 on July 2.Data: AAA. Chart: Ben Geman/Axios

The average gallon of regular gasoline costs $3.84 nationally as of this morning, Axios’ Ben Geman reports from AAA data.

That’s lower than a few weeks ago. But it’s by far the highest price heading into the July Fourth weekend since 2022, when the national average was $4.80 on the holiday itself.

⛽️ Gas price politics are tricky.

The price surge during the Iran war, which started at the end of February (charted above), could hurt Republicans in November midterms.

But the trajectory has been sharply downward in recent weeks, after prices peaked at $4.56 per gallon in May

.👀 What we’re watching: President Trump this week issued a vague threat of “big problems” for gasoline retailers unless stations cut prices faster.

He also said a handful of “Freedom Fuel Network” gas stations around the Philly area would slash prices tomorrow.
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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