Gas Prices Higher This 4th of July | Big Horn Basin Media

Gas Prices Higher This 4th of July

Written by on June 29, 2018

Motorists hitting the road to celebrate the July 4 holiday will be feeling more pinched at the pump than last year.
This week, drivers will be shelling out an average of $2.90 per gallon across the country – but that’s low compared to prices here in the Bighorn Basin. Greybull is seeing $2.95 per gallon, but in Cody, prices have topped the $3 mark, measuring between $3.02 and $3.04 per gallon at most locations.
According to the website, these are the highest Independence Day prices since 2014, when the national average hit $3.66 per gallon.
And it’s not over – experts say gas prices are likely to increase again ahead of July 4 as oil prices surged to $73 per barrel this week, the highest since 2014. Over the first four days of July, gas purchases will cost motorists $1.02 billion more than last year.

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