Sheetz halves gasoline price for 4th of July, Independence Day

economictimes.indiatimes.com:

Independence Day, an East Coast convenience company Sheetz offered gasoline at a 50 percent discount. It will sell gasoline at USD 1.776 as long as the stock lasts. Unleaded 88, E85, mid-grade as well as premium grade fuel will come under this scheme. But it will not cover Ethanol, diesel, and free fuel. Confirming the offer, Sheetz CEO Travis Sheetz said that he wants to ensure that the travelers have some more money in their wallets as they go out to celebrate the 4th of July. The gasoline prices are already low compared to the last year's Independence Day. It was USD 4.87 per gallon last year and now it is sold for USD 3.55 a gallon. Now, Sheetz has offered to sell at half price. An estimated 43.2 million people will travel to celebrate the 4th of July this year. This is not the first time that Sheetz has offered a concessional rate. It sold Unleaded 88 at USD 1.99 per gallon on Thanksgiving Day last week. The 4th of July is a federal holiday in the U.S.A. It is celebrated as Independence Day to commemorate the ratification of the Second Continental Congress on 4 July 1776. It established the U.S.A.

Q1:Why is the 4th of July celebrated as U.S. Independence Day? The 4th of July is celebrated as Independence Day to commemorate the ratification of the Second Continental Congress on 4 July 1776. It established the U.S.A.Q2:What has Sheetz offered for the 4th of July? Sheetz has offered gasoline at a 50 percent discount. It will sell gasoline at USD 1.776 as long as the stock lasts. Unleaded 88, E85, mid-grade, as well as premium grade fuel, will come under this scheme. But it will not cover Ethanol, diesel, and free fuel.