Gas prices lower this July 4

Gas prices lower this July 4

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

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AAA forecasts a record number of travelers for the July 4th weekend, with gas prices slightly higher than last year but significantly lower than two years ago. GasBuddy's Patrick Dahan explains that while gas prices are more affordable, potential influences like rising oil prices and hurricane disruptions could affect future costs. The White House's release of gas reserves is unlikely to have a long-term impact due to rising oil prices. Overall, the video discusses the complexities of gas pricing and the factors that could influence it in the coming months.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected number of people traveling during the 4th of July weekend?

50 million

80 million

60 million

70 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much lower are gas prices compared to two years ago?

$3.00

$2.00

$0.50

$1.29

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which state is highlighted as having significantly lower gas prices this year?

Florida

Texas

Washington

California

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What natural event is mentioned as a potential disruptor of gas prices?

Hurricane

Earthquake

Tornado

Blizzard

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the release of gas from the Northeast reserve is not expected to significantly impact prices?

The reserve is too small

Rising oil prices

High transportation costs

Lack of demand