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Here’s why the recent uptick in gas prices should soon reverse course

Florida gas prices rise Stock photo of a man pumping gas. (Xavier Lorenzo/Getty Images)

ORLANDO, Fla. — If you’ve stopped for gas in recent days, you might have noticed that prices at the pump are creeping up again.

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AAA reported on Monday that a gallon of regular cost an average of $3.46 in Florida.

That was up about 8 cents from last week.

But the auto club was quick to point out that prices could soon start to fall.

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That’s because both crude oil and gasoline futures finished sharply lower last week.

“Futures prices reportedly fell after the latest jobs report triggered concerns of an economic slowdown,” AAA’s Mark Jenkins said.

Those downward slides should be reflected in the gas prices in the near future.

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