Scott Powers
The steady and swift decline in gasoline prices continued in the past week, leaving June’s peak of nearly $5 per gallon far behind.
The latest survey shows Florida drivers are finding an average of $4.10 per gallon, down 17 cents in a week and down 79 cents since mid-June, reported AAA — The Auto Club Group.
That’s an improvement of about $12 to fill a 15-gallon tank.
Many places in Florida are seeing prices well below $4, for the first time in more than three months, AAA reported Monday morning.
The pump prices are being preceded by global declines in prices for oil, indicating the fall may continue yet another week.
“Gas prices continue their downward march, after another week of losses in the oil market and underwhelming gasoline demand figures,” said Mark Jenkins, spokesman for AAA — The Auto Club Group.
“News out of the European Union helped to ease global supply concerns. The EU has reportedly loosened sanctions, allowing Russian state-owned companies to deliver fuel, in effort to help boost supplies. The lower price of crude lowers the cost of producing gasoline.”
And drivers are conserving more, possibly still shocked by the $5 per gallon prices seen in June.
“The latest readings from the (U.S. Energy Information Administration) put gasoline demand at 5%-10% below year-ago levels,” Jenkins said. “This has those in the market believing that Americans are changing their driving habits to offset rising gas prices. Those prices at the pump are moving lower as a result.”
AAA’s survey found best deals in the Crestview-Fort Walton Beach market where a gallon averages $3.83. Other low prices are being seen in Sebring and Panama City, at $3.88; Melbourne-Titusville, at $3.91; Pensacola, at $3.98; Jacksonville, at $4.00; Orlando, at $4.02; and Tampa, at $4.04.
The most expensive gas in Florida was found in Naples, at $4.38. That was followed by the West Palm Beach market, at $4.36; Fort Lauderdale, at $4.22; Miami, at $4.21; Gainesville, at $4.16; Tallahassee, at $4.14; Sarasota, at $4.13; and St. Petersburg, at $4.07.
2 comments
Elliott Offen
July 25, 2022 at 9:19 am
The rich Florida hogs don’t care about gas prices because they know high prices benefit the capitalists. They only use high prices as a weapon against those who would stabilize a perpetually volatile economic system. The common person in Florida has been dumbed down by the right wing propaganda which obscures the roller coaster economy grift. GOP will only do things that benefit only the rich…even mass death they would turn a blind eye to if it benefitted the rich.
Earl Pitts American
July 25, 2022 at 9:59 am
Good Morning America,
And a tip of the hat to Florida Politics and Scott Powers for bringing this welcome news to our great Nation. It is clear that the movers and shakers of the business communitty Nation wide as well as world wide at this point are reasonably certian President Trump not only has chosen to run again but will deliver the hugest and most powerful political disgrace to the incompident people behind the fake Biden administration. Probely the Greatist political spanking ever.
Anyway long story short that and that alone is the reason behind the sudden fall in gas prices for our beloved and long suffering American citizens. Our beloved citizens be they Democrats, Indipendents, Republican, Black, White, Hispanic, Gay, Straight, Christian, Muslem, Old, Young, ECT…ECT…ECT can hardly wait to vote in person at their designated voting locations to bring our Great Nation out of this temporary malaise inflicted upon us by the puppet masters behind that poor old man Joe Biden’s fake administration.
Also it will be great to get old Uncle Joe moving to a place where he can stop being tortured by his puppet masters and begin to enjoy his golden years as all Americans have a right to enjoy. Rejoice the end is in sight!
Thank You America,
Earl Pitts American
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