Fourth of July gas prices are set for a three-year low | CNN Business

CNN  — 

Road trips are not going to break the bank this Fourth of July.

GasBuddy projects the national average price for regular gas will stand at $3.49 a gallon on Independence Day.

That’s a penny shy of the price a year ago and down sharply from $4.79 two years ago when oil prices spiked after Russia invaded Ukraine.

Adjusted for inflation, US gas prices are almost exactly where they were in July 2018, according to federal data.

Drivers in some parts of the country will spend much less on gas than

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