Gas Prices Falling For Fourth Of July Driving. Am I The Only One Thinking “What’s the Catch?”
Gas prices have pretty abruptly stopped going up and and are slowly drifting down. That trip to the cottage up North or to the beach at South Haven is a little more affordable than it has been for a long time. Now there's three days for "them" to jack it up, but maybe not this year.
A quick check of GasBuddy on Tuesday at noon shows the lowest prices are $2.28 and $2.29 and most are in the lower $2.30's range. AAA says today's gas prices are the lowest for this time of year since 2005.
Reading some analysis of the Brexit story, with Europe's economy is a state of chaos, the American dollar is much stronger, and that's behind the lower gasoline price.
And those lower gas prices should lead to a record number of travelers this holiday weekend (Thursday, June 30 through Monday, July 4) and 5 million more travelers compared to Memorial Day weekend.
Hate to wish misfortune on anyone, but it's certainly nice to be paying a few dollars less at the pump these days.
And then, you might be thinking what I'm thinking; "What's the catch?". Our prices locally always spike when you least expect it. World crisis - Spike! Seasonal maintenance - Spike! Wind blowing from the west - Spike!. So let's see what happens.
Wear your seatbelt, don't drink and drive and happy and safe travels this holiday weekend.