Florida gas prices decline after oil price drop, AAA says

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Florida gas prices decline after oil price drop, AAA says
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GOING DOWN⛽ -- That trend is expected to continue this week unless oil prices rebound.

That trend is expected to continue this week unless oil prices rebound.In Florida, the average is $4.17. That’s five cents more than this time last week. In Georgia, drivers are paying $3.86.

“Gas prices are drifting lower now that oil prices are declining again,” said Mark Jenkins, spokesman, AAA - The Auto Club Group. “The price of oil dropped last week after President Biden announced plans to release 1 million barrels per day from the U.S. Strategic Petroleum Reserve, in effort to ease global supply concerns. The downward pressure was compounded by news that other countries are considering similar action.

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