GAS PRICES DECREASING 📉: AAA announced Monday that gas prices hit a two-month low with Florida reaching an average of $4.42 per gallon.
. Some Florida residents are paying less than $4.20 per gallon.state average has declined for four consecutive weeksLower worldwide demand for fuel and concerns about a potential global economic recession are just two of the reasons why Florida drivers are seeing gas prices drop dramatically in a short period of time.
The decrease in gas prices is because the U.S. price for crude oil plummeted by a total of $10 per barrel in two days and settlement prices went from $108.43 per barrel a week ago down to $98.53 on Wednesday — the lowest closing price for oil since April 2020.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices in LA, Orange counties drop for 26th straight dayGas prices in both Los Angeles and Orange counties continue to decline, dropping 30 cents over the past 28 days; the national average price also dropped for the 26th consecutive day.
Read more »
Average gas price falls 19 cents in past week; another new coronavirus mutant spreading; and moreThings to know today: Gas prices have fallen 19 cents in the past week; a new coronavirus mutant is spreading; and 1/6 hearings return this week.
Read more »
Gas prices are finally coming down in the Philly area. But will the trend last?Decreases measured in cents rather than dollars aren’t necessarily life-changing from a household-budget perspective, but the slight drop in gas prices was a psychological lift at the pump Sunday.
Read more »
LA County Gas Prices Drop For 25th Straight DayGas prices in LA County continue to drop by a couple cents hoping to bring some relief to drivers.
Read more »
LA County gas prices drop for 25th straight dayCustomers are feeling some relief at the pump in Los Angeles County, after the average price of a gallon of self-serve regular gasoline dropped Saturday for the 25th consecutive day, decreasing 2.7 cents to $6.175.
Read more »
LA County, Orange County gas prices drop for 26th straight dayFor the 26th day in a row, customers felt some relief at the pump as the average price of a gallon of self-serve regular gasoline in Los Angeles and Orange County dropped again.
Read more »