The national average may shortly drop below $3.05 per gallon, the lowest since 2021
Gas prices Florida 2023: Florida’s petrol prices are at their lowest point of 2023, having dropped 15 cents from the previous week. In the state, the average price per gallon was $3 on Sunday, and it fell to $2.98 on Monday.
Will this pattern hold during the travel period around Christmas and New Year’s?
According to Mark Jenkins, a spokesman for AAA, “oil and petrol futures prices plummeted last week after a weekly fuel report showed strong refinery activity, leading to big gains in petrol supplies.” Currently, gas at about 35% of Florida gas stations costs less than $3 per gallon. Roughly ten percent of merchants offer products for less $2.70. Drivers can anticipate low pump costs through the holidays, barring a dramatic surge in oil prices, even if prices may fluctuate in the upcoming weeks.
According to GasBuddy, petrol prices in the Miami area decreased by over 11 cents per gallon. The average price of petrol in the Bradenton region was $2.96 a gallon. Additionally, petrol costs $2.90 at the beginning of the week in Orlando, the city of amusement parks.
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The following information relates to petrol prices in Florida:
Average: According to AAA, the average cost of a gallon of petrol in Florida on Monday was $2.98.
Average: According to AAA, the national average price for a gallon of petrol on Monday was $3.15.
“The national average has continued to decline for the 12th straight week, or three straight months,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “As oil prices continue to struggle amidst cooling demand, the national average is now at its lowest level of 2023 heading into the prime of the holiday season.” In time for the holidays, motorists are seeing significant respite at the pump with approximately 80,000 petrol stations in the United States now charging less than $3 per gallon, and average prices of $2.99 or less in 23 other states. The national average may shortly drop below $3.05 per gallon, the lowest since 2021, while the trend is probably going to continue in the majority of states this week. With the release of GasBuddy’s annual Fuel Outlook in a few weeks, the good news might last until 2024.
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