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Americans Change July 4th Plans Due to Gas Prices: Survey

According to a recently released Emerson College poll, high gas prices have forced a significant proportion of American citizens to change their Fourth of July plans.

One in three people surveyed have changed their travel plans due to rising fuel costs, the survey says. Eighteen percent changed their plans because of flight problems. The national average gas price across the United States rose to $4.807 per gallon on July 4. That’s down slightly from $5.016 per gallon set on June 14, which is still $1.677 higher than the same time last year.

Patrick de Haan, head of petroleum analysis at GasBuddy, predicts that gas prices will continue to fall for another couple of weeks, according to Morningstar. But beyond that, he said, it’s hard to predict whether factors like hurricanes could push prices up again.

The American Automobile Association (AAA) expects 47.9 million people to travel 50 miles or more between June 30 and July 4. Although this is 3.7 percent higher than in 2021, it is slightly lower than in 2019.

Along with gas, rising food prices will make this year’s 4th of July celebration quite expensive. According to the American Farm Bureau Federation, US consumers will spend $69.68 on a summer cookout for 10 people, up 17 percent, or about $10, from last year.

Biden and gas prices

The Biden administration has recently shifted the blame for high gas prices on Russia to oil producers and gas stations. On July 2 TweetBiden urged “the companies that run the gas stations and fix the prices … lower the price you’re charging at the pump” and “do it now.”

The average gas station is estimated to have a profit margin of just 1.4 percent. Much of the profit made by gas stations is on markups on products sold at their convenience stores.

In a series of tweets on July 3, California gubernatorial candidate Michael Shellenberger blamed the Biden administration for rising gas prices.

“Yesterday, Biden accused gas stations of overcharging, but their prices reflect the price of gasoline set by the market, and the market reflects the supply shortage that Biden created that killed both oil and refinery expansion,” he said. wrote.

On May 12, the Interior Department blocked a proposal to open up one million acres in Alaska to oil and gas drilling. The Environmental Protection Agency blocked plans to expand an oil refinery in the US Virgin Islands two days later, Schellenberger pointed out.

Naveen Atrappulli

Follow up

Naveen Attrapulli is a news reporter covering business and world events at The Epoch Times.

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