Gas prices falling; could hit $3 per gallon

Gas prices continue their steady drop across Florida and now it looks as though they are headed for $3 a gallon, according to AAA.

Prices at the pump fell again today. Now the average price is $3.35 a gallon in Florida. That's down 15 cents in just one week.

It's a huge turnaround from earlier this spring when it looked as though motorists would be paying $4 a gallon this summer.

But a sluggish economy nationally and globally has pushed oil prices below $85 a barrel for two weeks in a row. That hasn't happened since last October.

Brenda Smith of AAA says you can expect gas prices to keep falling unless the hurricane season turns bad.

"It could be a steady three to five cents a week. We actually look at the possibility that before long they could fall as low as $3 as the national average. That would be wonderful news for everybody," said Brenda Smith, with AAA.

"We're seeing that gas prices on average are falling weekly by five cents a gallon. So over a period of time that adds up to the savings that we're seeing today at the pump, and there's been a lot of oil that's kind of been sitting in barrels because there's not been a need for it, which also has lots to do with our decreasing gas prices."

Right now gas prices in Florida are nearly 20 cents below the national average of $3.54 a gallon.