Florida gas prices drop to lowest mark since February. Here’s why

There’s some relief at the pump in Florida.

Gas prices on Monday reached the lowest point since February, according to AAA.

The state average has steadily declined the past 17 consecutive days, dropping a total of 25 cents per gallon, AAA said in a news release.

At first, gas prices gradually declined about 1-cent per day for about a week. Then discounts accelerated, dropping 19 cents over the past nine days.

Sunday’s state average was $3.30 per gallon, the lowest daily average price since February 28

Florida’s average gas price is now 15 cents less than a week ago, 22 cents less than a month ago and 9 cents less than this time last year.

“Floridians and summer visitors will be pleasantly surprised when they go to fill up the gas tank this week,” said Mark Jenkins, AAA spokesman. “Gas prices are the lowest in several months because of weakness in the oil and gasoline futures markets.”

Through most of March and April, U.S. oil prices ranged from $80-85 per barrel. However, during the past three weeks, crude prices dropped a total of 6%.

Regional Prices

Most expensive metro markets – West Palm Beach-Boca Raton ($3.52), Naples ($3.42), Miami ($3.39)Least expensive metro markets – Crestview-Fort Walton Beach ($3.08), Panama City ($3.11), Pensacola ($3.13)

Ways to Save on Gasoline

Combine errands to limit driving time.Shop around for the best gas prices in your community.Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2%.Drive conservatively. Aggressive acceleration and speeding reduces fuel economy. Read More

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