ORLANDO, Fla. — While high fuel prices in the Sunshine State are still making many feel gloomy at the gas pump, consider this silver lining — prices are trending downward.
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AAA said the average cost for a gallon of gas in Florida on Sunday — $4.18 per gallon — was 20 cents lower than its March 11 record of $4.38.
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As a matter of fact, for nine straight days, Florida gas prices have declined, the auto giant said.
And if you live in the Orlando Metro, you’re likely to find an additional price break.
According to AAA, The City Beautiful is among regions with the cheapest gas statewide, averaging $4.10 per gallon on Sunday.
Typically, the global oil market dictates the price of gas at the pump.
“Friday’s closing price of $104.70 [per barrel] is still $19 less than the 2022 high of $123.70 [per barrel],” AAA’s Mark Jenkins said.
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“Nineteen dollars is the equivalent to a 45 cent swing at the pump. So far, gas prices have dropped 20 cents per gallon, so another 25 cent discount is possible,” Jenkins explained.
We’ll let AAA do the fancy math.
In the meantime, know this: If you have an average-sized gas tank that reads “Empty” on Monday, plan to shell out about $63 to fill it up.
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