Thursday, May 16, 2024

Florida gas prices drop 30 cents in 3 weeks


Florida gas prices dropped 11 cents per gallon final week and 30 cents in the previous three weeks, AAA reported Monday.

According to AAA, the state common was $3.28 per gallon on Sunday, which is the bottom day by day common value for the reason that state’s gas tax vacation was in impact on Oct. 31.

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“Florida gas prices have plunged 30 cents in the past three weeks, due to low oil prices and strong gasoline supplies,” stated Mark Jenkins, spokesman, AAA – The Auto Club Group. “The downward momentum should continue this week. Unless fundamentals change, the state average could drift below $3.20 per gallon by next weekend.”

According to AAA, COVID-19 lockdowns in China have stored sturdy downward stress on oil prices, amid considerations that the lockdowns would scale back international gas demand.

The most costly metro marks in Florida are at present West Palm Beach-Boca Raton ($3.50), Gainesville ($3.45), and Naples ($3.41).

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The least costly metro markets are Pensacola ($3.01), Crestview-Fort Walton Beach ($3.02), and Panama (*30*) ($3.02).

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