Average retail gasoline prices in Florida have fallen 8.6 cents per gallon in the past week, averaging $2.12/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 $2.05/gallon.
Including the change in gas prices in Florida during the past week, prices yesterday were 125.8 cents per gallon lower than the same day one year ago and are 39.0 cents per gallon lower than a month ago. The national average has decreased 39.4 cents per gallon during the last month and stands 124.2 cents per gallon lower than this day one year ago.
“The light at the end of the tunnel is dimming as gasoline prices have nearly caught up with the drop in crude oil prices,” said Patrick DeHaan, petroleum analyst with GasBuddy. “Last week saw a rally in oil prices Wednesday, before caving again Thursday, then rallying again Friday- a sign that perhaps we've seen a bottom in oil prices, and perhaps thus a bottom in gasoline prices as well."