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Travelers Prepare for Rising Gas Prices as Fourth of July Approaches
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Gas Shortages Ahead of July 4th Weekend Caused By Lack of Truck Drivers, Not Low Supply
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By Bill Galluccio
Photo: Getty Images
As tens of millions of people across the country prepare to get away for the Fourth of July weekend, the price of gas continues to climb, reaching a seven-year high. The national average price for a gallon of gas stands at $3.10 and hasn t been that high since October 2014.
In addition to the higher prices, some stations are struggling to keep fuel in their pumps. Demand has spiked over the past few months as coronavirus restrictions have been lifted, and people are eager to get away for the long weekend. While there is enough gasoline to meet that demand, there are not enough tanker truck drivers to transport it to the gas stations.
ABC Columbia
Jun 29, 2021 5:48 PM EDT
CNN– Apartment rents are rising to new monthly highs. According to realtor,com, the average rent has jumped 7.5% over the past two years. That puts the average monthly rent at just over $1,500 a month. Here in the Midlands, apartmentlist.com says rent in Columbia grew 3.6% in June and are currently 14.9% higher than they were this time last year.
The Fourth of July is just days away. If you haven’t started buying fireworks yet, you could find yourself empty handed. Phantom Fireworks says a supply shortage that impacted sales last year is expected to continue. Fireworks sales boomed in 2020 since so many professional displays were canceled, but many of those are coming back this year. The company says shortages are due to shipment challenges in the global market.
Black Widow Speical Showing | NewsRadio 1450/1370 WKIP
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