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High gas prices, record travel for Fourth of July

INDIANAPOLIS (WISH) – If you have plans to travel for the Fourth of July, expect a lot of company.

AAA said nearly 47 million Americans will travel this Independence day, setting a holiday travel record.

Unfortunately, gas prices could eat into your budget.

The national average price for a gallon of unleaded is about $2.86. AAA reports that’s about 63 cents higher than a year ago.

Here in central Indiana, we’re paying about $3.04 a gallon.

GasBuddy.com said the price spike is likely to cost drivers about $1 billion in extra gas spending over the usual four-day travel period.