Monday, June 04, 2012

Prices Falling Again Except Hendry-Glades

Hendry-Glades Gas Prices 21 Cents Higher!

LABELLE, FL. -- Average retail gasoline prices in Florida have fallen 4.7 cents per gallon in the past week, averaging $3.40/g yesterday. This compares with the national average that has fallen 4.5 cents per gallon in the last week to $3.61/g, according to gasoline price website

But, Hendry and Glades county dealers still try to get 21 cents per gallon higher than Florida average prices. The lowest price in Hendry is $3.61. Nearby Lee county has $3.39 gasoline at the 7-Eleven in Lehigh Acres.

Including the change in gas prices in Florida during the past week, prices yesterday were 25.8 cents per gallon lower than the same day one year ago and are 30.4 cents per gallon lower than a month ago. The national average has decreased 18.2 cents per gallon during the last month and stands 16.2 cents per gallon lower than this day one year ago.

"An impressive decline in average gasoline prices will now be extended as the West Coast begins to see lower prices in the days ahead," said Senior Petroleum Analyst Patrick DeHaan. "With significant downward pressure on oil prices last week, motorists will continue to see prices sliding east of the Rockies, and even the West Coast will start to get in on the action, thanks to a supply situation that appears to be turning around. Also pushing down oil prices last week was a frightening jobs report, as well as continued concerns about European debt problems," DeHaan said.

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