Florida’s gas prices down for second week in a row – Action News Jax

Gasoline prices in Florida dropped for the second consecutive week and will proceed to slowly decline till the state’s month-long gas tax “holiday” ends, the AAA auto membership mentioned Monday.

Florida motorists paid a median of $3.35 for a gallon of standard unleaded gas Monday, down 5 cents from a week earlier.

The worth additionally was barely under the associated fee at the beginning of the month, when the tax vacation went into impact and suspended a 25-cents-a-gallon state tax in October.

Much of the financial savings from the vacation was erased as a result of OPEC and affiliated nations reduce oil manufacturing and elevated prices in the course of the first week of October.

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AAA spokesman Mark Jenkins warned about prices after the tax vacation, which was authorised this 12 months by lawmakers and Gov. Ron DeSantis as a part of a bigger tax package deal.

“Drivers should see pump prices drift even lower this week,” Jenkins mentioned in a ready assertion. “But a sudden jump at the pump is likely on Nov. 1, when the state’s gasoline tax holiday ends.”

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Last week, President Joe Biden introduced plans to attract an extra 15 million barrels from the nation’s reserves by the tip of the 12 months to offset the manufacturing reduce by OPEC. Florida hit an all-time common excessive of $4.89 a gallon on June 13, however prices steadily declined in the course of the summer season.

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