ORLANDO, Fla. — It was the fourth straight week of welcome news for drivers as the cost of gas fell again in the Sunshine State.
>>> STREAM CHANNEL 9 EYEWITNESS NEWS LIVE <<<
Over the past week, Florida saw the average price for a gallon of gasoline drop 15 cents, AAA said Monday.
READ: Diverging diamond: What you need to know about the new interchange in Osceola County
Motorists paid $4.42 for regular unleaded on Sunday — 47 cents less than the record high price of $4.89 set in June.
What does that mean for your wallet? It means it’ll be about $66 lighter after filling up an average-sized, 15-gallon gas tank.
While that’s certainly a chunk of change, it’s $7 less than you would have shelled out a month ago.
READ: Police close Central Florida park over ‘aggressive alligator’
And Floridians are paying noticeably less — under $4.20 a gallon — in some regions of the state, namely the Panhandle.
“The price declines are attributed to falling oil and gasoline futures prices, which suffered steep drops in recent weeks, due to concerns about a potential global economic recession, and how that could result in lower worldwide demand for fuel,” AAA’s Mark Jenkins said.
READ: Hawaiian Airlines to suspend flights to and from Orlando International Airport
Jenkins added that it’s possible that the state average could drop below $4.30 per gallon later this week.
To see gas prices in your neighborhood, click here.
Click here to download the free WFTV news and weather apps, click here to download the WFTV Now app for your smart TV and click here to stream Channel 9 Eyewitness News live.
©2022 Cox Media Group
