GasBuddy: Prices Fall Ahead of Independence Day Week, Future Decreases Limited07/06/2026Prices at the pump fell in nearly every state over the last week, but it was the third most expensive Independence Day on record with the national average gas price being $3.74 per gallon. GasBuddy's Head of Petroleum Analysis Patrick De Haan explains:"Average gasoline prices fell in nearly every state over the last week, with diesel declining in all 50, pushing the national average to approximately $3.74 per gallon this July 4 — the third most expensive Independence Day on record, but well off the peak of $4.57 per gallon seen in May," said Patrick De Haan, head of petroleum analysis at GasBuddy. "GasBuddy is now tracking 41 states with average gasoline prices below $4 per gallon, while 37 states are seeing average diesel prices below $5. However, continued Ukrainian attacks on Russian refinery infrastructure have forced Russia to shift from fuel exporter to importer, tightening global supplies and putting upward pressure on crack spreads — explaining why pump prices haven't fallen as sharply as oil prices might suggest. Until the refining supply picture improves, significant further drops at the pump may be limited." -Patrick De HaanIn Fort Wayne, average gas prices fell 23.2 cents per gallon over the last week, averaging $2.95 per gallon Monday. In Toledo, average prices are down 27.4 cents per gallon, averaging $3.55 per gallon on Monday.