Monday, March 11, 2013

Gas Still 11 Cents Higher Than Month Ago

Average retail gasoline prices in Florida have fallen 4.8 cents per gallon in the past week, averaging $3.75/g yesterday, according to GasBuddy's daily survey of 8,237 gas outlets in Florida. This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.66/g.

Including the change in gas prices in Florida during the past week, prices yesterday were 2.9 cents per gallon lower than the same day one year ago and are 11.2 cents per gallon higher than a month ago. The national average has increased 10.2 cents per gallon during the last month and stands 8.8 cents per gallon lower than this day one year ago.

"Relief at the pump has continued for motorists in a majority of the United States during the last week," said Analyst Patrick DeHaan. "I would caution motorists, however, not to sound the all clear. Refineries will be continuing their switch over to cleaner burning gasoline, and there certainly is the possibility that one mishap could send prices racing higher, much to the disappointment of motorists nationwide," DeHaan said.

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