4--20 year old males--encountered a UFO with 2 amazing lights, with instant speeds---in the country.

My UFO incident, 1976, July 4th,   Midnight:  While in the country and driving into town, 4 of us in 2 separate vehicles saw an almost Moon sized light moving fairly close (100-200 yd's. away)---in front of us and in a horizontal manner at 1 mph.  My friend, the driver, had to hit me on the shoulder several times so I would look at “It”....apparently, I was in a trance, and at first,  I could  not look at the huge perfectly circular amber light just ahead of us.  
Finally, I observed it long enough to see exactly what it was---it was, a UFO!  Then, in an instant, the big light went out and 2 comparatively smaller cobalt blue zig-zag flames, like lightning bolts appeared---while my eyes followed their very quick vertical assent---they then, instantly disappeared at the blink of an eye, virtually, at the speed of light, and, it was all gone.
I never saw a Craft, just those 2 amazing lights!
If the sighting occurred after the fireworks, it would have been 24:00 hrs., not 00:00 hrs.  PD