[halfangstrom]

I want to know how competitive graduate schools are. I want to get a Phd in physical chemistry. I currently have a 3.4 GPA (overall, my chemistry GPA is lower) and I am also double majoring in math. By the time that I graduate I will have had 2 years of research experience. Any insight into the graduate school process will be much appreciated.

[Corribus]

Depends on where you're applying, but most of the programs aren't too ultracompetitive.  With your GPA you can get in somewhere, provided your test scores are decent.