AAA: Statewide average gas prices rise 4 cents

AAA: Statewide average gas prices rise 4 cents

AAA: Statewide average gas prices rise 4 cents

Prices could continue to fall, much like they did in Florida last summer when June saw an average of $2.35 in June which dropped to $2.05 in August.

AAA says the drop in gas prices is good news for the economy as people will tend to spend more money elsewhere.

Florida ranks 22nd among states with the lowest daily average price for gasoline. The statewide average of gas is about $1.99 per gallon, which is 12 cents cheaper than it was one year ago, according to AAA.

Ohio's average for regular fuel was $2.17 per gallon in Monday's survey from auto club AAA, the Oil Price Information Service and WEX Inc. "And when travelers spend less at the pump, they are left with cash to spend on lodging, shopping and dining out".

The national average for gas is now $2.33. The highest ticked in from West Palm Beach at $2.31, Miami at $2.28 and Fort Lauderdale at $2.27.

The average in the Bradenton-Sarasota-Venice market was $2.162 on Monday, down from $2.168 the previous day and $2.229 a week ago.

Jenkins said the price of crude oil is often the key indicator.

Gas prices are on a hot streak, falling for the 27th consecutive day on Sunday, for a total discount of 10 cents during that time.

AAA collects data from credit card swipes and direct feeds from 120,000 gas stations nationwide, in partnership with OPIS and Wright Express. The slump at the pump is not over yet.

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