Monday, June 25, 2012

Gas Prices Low Enough?

LABELLE, FL. -- Average retail gasoline prices in Florida have fallen 6.7 cents per gallon in the past week, averaging $3.24/g yesterday. This compares with the national average that has fallen 7.9 cents per gallon in the last week to $3.45/g, according to gasoline price website FloridaStateGasPrices.com.

Prices were $3.45 in Hendry county on average, except at Circle K on South SR29 which was at $3.29. Lehigh's Citgo in Lee county is at $3.24.

Including the change in gas prices in Florida during the past week, prices yesterday were 27.8 cents per gallon lower than the same day one year ago and are 23.2 cents per gallon lower than a month ago. The national average has decreased 21.7 cents per gallon during the last month and stands 14.0 cents per gallon lower than this day one year ago.

"The national average has now dropped to its lowest level since February 4," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Gasoline can be found as cheap as $2.73 per gallon today in Taylors, SC. While this certainly isn't going to be the price of every station, a majority of gasoline outlets are featuring prices that have come down significantly in the last month, similar to that of the sentiment of Chicago Cubs fans," DeHaan said.

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