Gas prices ‘tumble’ with geopolitical tensions fading

With October all but here — and the summer driving season over — Florida gas prices have gone into an autumnal swoon.

AAA-The Auto Club, reports petrol prices “tumbled” a full six cents a gallon over the last week. Prices went up last week, with worries about geopolitical tensions in the Persian Gulf driving prices to $2.50 a gallon.

Now, with the crisis having abated for the moment, prices are back down to $2.44. That’s a full 21 cents lower than the national average.

“Oil prices are essentially back down to their previous levels before the drone attacks in Saudi Arabia,” said Mark Jenkins, spokesman for AAA-The Auto Club Group.

“The belief that Saudi Arabia’s crude infrastructure could recover quickly has eased market concerns of an extended supply interruption,” Jenkins added. “The lower oil prices, combined with rising gasoline supplies, is keeping downward pressure on prices at the pump. The state average could trickle lower this week.”

Gas prices, as are typical, range depending on where one fills up within the state.

As usual, West Palm Beach-Boca Raton ($2.57), Panama City ($2.56), and Tallahassee ($2.52) have the most expensive prices.

Looking for bargains?

Fill up in Tampa-St. Petersburg-Clearwater ($2.34), Punta Gorda ($2.40), or Jacksonville ($2.40).