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Gas prices to rise before Independence Day

July 2, 2018--8:23 a.m.

NEWS RELEASE

Gas prices face upward pressure as Independence Day quickly approaches.

AAA forecasts nearly 47 million Americans will travel for the holiday. 

The 39.7 million - who will drive - will find gas prices 50-60 cents more than last year. 

Motorists will find the most expensive Independence Day gas prices in four years. 

However, prices will remain well below the $3.57 average from July 4, 2014. 

"Gas prices will inch higher before July 4, on renewed concerns of global oil supply shortages," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Oil prices are back to multi-year highs. A 5-10 cent increase at the pump would not be out of the question this week, but prices will not rocket high enough to ruin travel plans."

Gas prices in Georgia remain nearly 2 cents below what motorists paid this time last week. Sunday's average of $2.69 is 61 cents more than this time last year. 

According to AAA, the average gas price in Floyd County was $2.63.

It was $2.67 in Gordon County, $2.73 in Bartow County, $2.68 in Polk County, and $2.61 in Chattooga County.