Monday, December 03, 2012

Florida Gas Still Higher Than Year Ago Despite Fall

Hendry-Glades Price Still Higher Than Nearby Areas

LABELLE, FL. -- Average retail gasoline prices in Florida have fallen 2.6 cents per gallon in the past week, averaging $3.35/g yesterday. This compares with the national average that has fallen 3.7 cents per gallon in the last week to $3.39/g, according to gasoline price website FloridaStateGasPrices.com.

Including the change in gas prices in Florida during the past week, prices yesterday were 7.9 cents per gallon higher than the same day one year ago and are 5.8 cents per gallon lower than a month ago. The national average has decreased 11.3 cents per gallon during the last month and stands 10.0 cents per gallon higher than this day one year ago.

Prices averaged $3.54 in LaBelle this weekend, as usual considerably higher than 30 miles away in Fort Myers or 15 miles west in Alva.

"While the national average continues to fall, we've done the math- the yearly average in 2012 is all but guaranteed to set all time record highs," Petroleum Analyst Patrick DeHaan. "We still stand at $3.63/gal for a yearly average, and gasoline prices would need to average no more than $2.35/gallon for every day left in 2012 for the national yearly average to drop below 2011, something that appears impossible." DeHaan said.

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