National average price of gasoline on July 4 projected at $3.75/gal; on track for second most expensive Independence Day at the pump ever.
GasBuddy, the fuel savings platform empowering drivers to choose their road to savings, today released its 2026 Independence Day gas price forecast, projecting the national average price of gas will fall to approximately $3.75 per gallon on July 4 the second most expensive Independence Day on record behind the all-time high of $4.80 on July 4, 2022.
The projection comes despite six consecutive weeks of national average declines following a spring spike driven by the Strait of Hormuz closure. The recent U.S.-Iran framework agreement has helped ease supply fears and pull prices lower, but the accord remains fragile and risks to the upside are significant.
