Saturday, June 29, 2024

Florida gas prices drop to 3-month lows, AAA reports



Florida gas prices dropped to their lowest ranges in 3 months ultimate week, AAA showed Monday.

According to AAA, the state moderate used to be $3.33 in keeping with gallon on Sunday after losing 15 cents ultimate week.

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“The discount at the pump has largely been driven by falling oil prices,” mentioned Mark Jenkins, spokesman, AAA – The Auto Club Group. “However, the downward trend could stall soon. Ongoing geopolitical tensions allowed oil prices to regain some strength last week, though they remain below price levels we saw three weeks ago.”

According to AAA, the U.S. value of crude oil settled at $87.69 in keeping with barrel Friday – “$4.90 per barrel (6%) more than the week before, but well below the $93/b highs we saw on September 27th.”

“The increase came after The Group of Seven (G7) announced plans to provide financial assistance to Ukraine by tightening sanctions against Russia,” AAA reported in a press liberate. “The marketplace could also be uneasy in regards to the Israel-Gaza struggle. On Sunday evening, the cost of oil used to be trending decrease in in a single day buying and selling. “

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The most costly metro markets are recently West Palm Beach-Boca Raton ($3.53), Naples ($3.49), and Tallahassee ($3.45). The least pricey metro markets are Pensacola ($3.16), Crestview-Fort Walton Beach ($3.19), and Orlando ($3.25).

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