US EditionGas, diesel prices drop in more than 20 states since last week
AAA says falling crude and gasoline futures cut Florida pump prices, but 20% of the world’s oil supply still moves through the Strait of Hormuz.
- On Monday, AAA reported Florida gas prices fell by more than 20 cents over the last 10 days, with the statewide average for regular unleaded fuel at $4.016.
- This relief follows sharp declines in global oil markets, as West Texas Intermediate crude futures dropped about 13% last week, pushing wholesale costs lower and allowing retail prices to fall.
- Regional costs differ significantly; West Palm Beach-Boca Raton remains the state's most expensive metro market at $4.19 per gallon, while Panama City offers the lowest prices at $3.86.
- Although many enjoy current savings, prices remain 30 cents higher than one month ago, affecting residents like Edwin Curet, who said, "It's not my only car — I've got two cars more, and it's expensive now."
- AAA officials cautioned that this trend may be temporary, as continued uncertainty surrounding the Strait of Hormuz is already pushing oil prices higher, potentially reversing recent savings.
19 Articles
19 Articles
Gas Prices Drop Slightly Over Past Week - ButlerRadio.com - Butler, PA
Gas prices decreased locally while increasing across the western Pennsylvania region as a whole over the past week. According to AAA’s weekly gas price report, the average price for a gallon of regular, unleaded, self-serve gas in Butler, as of yesterday, dropped by a nickel to settle at $4.14 per gallon. The average gas price across western Pennsylvania as a whole increased by two cents to reach $4.19. The most affordable average price for gas …
Fuel price drop isn’t forecast to last
Florida’s average gas price dropped by 18 cents over the last week, but drivers shouldn’t bet on it staying that way, according to the latest report from AAA. In a departure from what drivers have seen since Operation Epic Fury launched in Iran, the latest stats showed a decrease rather than an increase in statewide gas prices. While the average price per gallon for unleaded was still above $4 – sitting at $4.01 Monday – it was still 18 cents le…
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