Gas prices falling; could hit $3 per gallon - FOX 13 News

Gas prices falling; could hit $3 per gallon

Posted: Updated:
  • Gas prices falling; could hit $3 per gallonMore>>

  • Lowest gas prices in Tampa Bay

    Lowest gas prices in Tampa Bay

    Maps and listings featuring the lowest gas prices in Central Florida and the Tampa Bay area. Powered by GasBuddy.com.
    Maps and listings featuring the lowest gas prices in Central Florida and the Tampa Bay area. Powered by GasBuddy.com.
TAMPA (FOX 13) -

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.

Powered by WorldNow

FOX 13 / WTVT-TV
3213 West Kennedy Blvd.
Tampa, Florida 33609
Main: (813) 876-1313
Newsroom: (813) 870-9630
Fax: (813) 871-3135

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices