Monday, September 30, 2013

Gas At Pumps - Price Still Falling

Average retail gasoline prices in Florida have fallen 5.4 cents per gallon in the past week, averaging $3.33/g yesterday, according to GasBuddy's daily survey of 8,237 gas outlets in Florida. This compares with the national average that has fallen 5.8 cents per gallon in the last week to $3.43/gallon.

Including the change in gas prices in Florida during the past week, prices yesterday were 35.7 cents per gallon lower than the same day one year ago and are 22.2 cents per gallon lower than a month ago. The national average has decreased 18.8 cents per gallon during the last month and stands 36.6 cents per gallon lower than this day one year ago.

"Gasoline prices continue to erode with twelve states that are seeing prices under $3/gallon, and more states will join in on that over the next seven days" said Petroleum Analyst Patrick DeHaan. "While it's generally good news that gasoline prices continue falling, many Americans don't believe we're likely to see national averages drop under $3/gal over the next year at the pump,"

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