Twenty states boast average gas prices below $3, spanning from New Mexico to Missouri to South Carolina. Mississippi, the state with the nation's lowest gas prices, offers drivers an average gallon for $2.71. More than 61 million people are expected to travel by car over the July 4 holiday, AAA forecasted.

Gasoline prices hovered at their lowest level since 2021 as the July Fourth holiday got underway.  On Friday, the national average price for a gallon of regular gasoline stood at $3.15 per gallon, according to AAA data.

AAA Texas said as tensions in the Middle East ease, crude oil prices have fallen below $70 per barrel, contributing to a welcomed drop in gas prices just in time for what’s expected to be another record-setting Independence Day travel period. “This drop in fuel prices couldn’t come at a better time.