Colorado Springs-area gas prices have dropped to a nearly three-month low in the days ahead of this week’s July Fourth holiday, which is good news for motorists heading out for fireworks, picnics and other Independence Day events. Even so, rising Middle East tensions and a trade deal between the United States and China could send prices higher in the next several weeks, one national expert says.Pump prices averaged $2.616 for a gallon of regular unleaded Monday afternoon in the Springs, according to GasBuddy.com, the online service that tracks gas prices nationwide. The price is based on GasBuddy’s survey of 246 area gas outlets. Record number of Coloradans expected to travel for Fourth of JulyAlso according to GasBuddy:• Local prices are at their lowest point since mid-April, and are about 15 cents cheaper than a year ago at this time. Strong gas inventories have contributed to lower prices.• Prices were higher statewide, averaging $2.673 a gallon Monday. • Nationwide, prices averaged $2.723 a gallon.Patrick DeHaan, GasBuddy’s head of petroleum analysis and based in Chicago, said global events could result in rising prices as the summer wears on. Where to watch Fourth of July fireworks in Colorado in 2019A successful trade deal between the… Read full this story
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