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The average full tank of gas now costs about $14 less than it did when pump prices were at their peak in mid-June, the AAA auto club said Monday.
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Prices have fallen 62 cents per gallon since early June, the AAA auto club said Monday.
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Gasoline prices have dropped for four straight weeks, the longest decline since the COVID-19 pandemic began.
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Analysts said oil prices fell last week after the Federal Reserve increased interest rates, indicating that the markets fear a recession.
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The average price statewide jumped 18 cents last week to a record $4.76 per gallon on Sunday. Duval County's average price was about a penny less.
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Four in 10 Floridians surveyed by the AAA auto club said gas prices might keep them from leaving. The news came as forecasters suggested a potential storm in the Gulf could track toward Florida.
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The average price of regular unleaded in Florida is around $4.07 a gallon — 10 cents lower than last week.
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Jacksonville city leaders on Tuesday voted 5-13 against repealing a 6-cent gas tax increase that will pay for improvements to parks, mass transit, dangerous intersections and resilience efforts to protect against flooding.
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The predicted 20- to 30-cent drop will be more like 10 to 20 cents, the AAA auto club says. It turns out that investors' fears about the omicron variant have dissipated.
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The U.S. House has passed two bills banning new offshore oil and gas drilling off the Atlantic Coast, Pacific Coast and Florida's Gulf Coast.H.R. 205,…