Gas prices are expected to hit their lowest levels in three years this Fourth of July, with a projected average of $3.49 per gallon. The White House celebrated a one-cent decrease in year-over-year gas prices, the lowest holiday price since the previous Fourth of July. Despite recent fluctuations, most states are experiencing gas prices either near or below last year's rates. However, concerns about a potentially busy hurricane season could lead to disruptions in gas prices post-Independence Day. The American Farm Bureau also reported a 5% increase in the cost of a 10-person cookout compared to last year, with prices nearly 30% higher than five years ago. Challenges such as inflation and limited availability of cookout staples are impacting both consumers and farmers.