Merry Christmas, Florida: $2 gas is coming

Georgia and Tennessee have gas stations where prices have fallen below $2 a gallon. And it looks like Florida might not be far behind. Stations in the Jacksonville area reported prices of $2.10 over the weekend, according to AAA. And if prices keep falling at the current rate of 2 cents a day, that area will be at $2 a gallon by the end of the week. "Gasoline prices are plunging with little … [Read more...]

Another week, another dime for gas prices

There is still no end in sight on how low gas prices may go after the national average for a gallon of gasoline dropped another dime in the past week. That new national average is now $2.70, the lowest since September 2010. Sunday marked the 73rd straight day that gas prices had fallen, losing 66 cents in the process. "The shale boom continues putting downward pressure on the price of oil, … [Read more...]

Thanksgiving traveling like it’s 2009

It's just five years ago, but 2009 is not too hard to remember. The Black Eyed Peas had a hit in "Boom Boom Pow." At movie theaters, "Avatar" was breaking every record imaginable. And at the gas pump, drivers were paying less than $2.70 at the pump. Hit songs and blockbuster movies from five years ago will likely stay there, but cheap gas? It's back, as the national average for a galling of … [Read more...]

Finding a deal on gasoline? It’s only going to get cheaper

Since the end of September, the price of gas has plummeted in states across the country, including 41 cents per gallon in Florida alone. And it's not stopping anytime soon. "Gas prices are plunging in-line with the falling price of oil, declining demand, and pumps selling winter blend fuel, which is cheaper to produce," said AAA spokesman Mark Jenkins, in a release. "Gas prices should only … [Read more...]

Low gas prices might push Thanksgiving travel

Thanksgiving is just around the corner, and dropping gas prices at the pump could convince many families to take to the road. Gas in Florida dropped another nickel over the past week, bringing the average cost for a gallon of regular unleaded to $2.91, while the national average falls to $2.93. It's the 42nd consecutive day gas prices have dropped nationally, and the 37th in Florida. "Cheap … [Read more...]

Lower gas here just in time for holiday shopping

Drivers are paying on average 65 cents less per gallon of gas they did just six months ago. And the price at stations around the state — and nation — continue to drop. Gas in Florida checked in at $3.04 over the weekend, down 11 cents from a week ago, and below $3 in many markets, including in and around Pasco County. "We are seeing gas prices falling at an average of 1 to 2 cents a day," … [Read more...]

Like falling fuel prices? Thank shale

Oil production in the United States is at its highest level since the release of the first "Back to the Future" movie in 1985, and a lot of that has to do with the new shale boom. Crude oil settled at $82.75 on Friday after dropping below $80 for the first time in two years just the day before, as gas prices continue to drop both locally and nationwide. "Motorists are paying $5 to $15 less … [Read more...]

Plunging gas prices take a breather

Notice gas going up at your favorite fill-up station? Don't worry, it's happening everywhere. Maintenance at refineries along the Gulf of Mexico created a spike in gas prices this past week, pushing the cost of a gallon of gas up nearly a dime in one night Wednesday in some places around the state. But it did calm down elsewhere, and Florida reported an average of a 2-cent rise since last … [Read more...]

Refinery problems freeze gas prices

The dream of gas under $3 may have to wait a little longer, at least in Florida. Refinery outages in both Canada and Texas put a halt to the summer-long decline in gas prices, and even went as far as pushing prices up in some places, like Pensacola. "Refinery maintenance, especially in the Gulf, is causing the tightening of supplies in some areas," said AAA spokesman Josh Carrasco, in a … [Read more...]

Gas prices fall in Zephyrhills, Dade City

Gas prices have now dropped for six weeks in a row. And those prices could fall even lower yet, especially after the price of oil is at its lowest point since May 2013. "Motorists should continue to see a discount at the pump," said AAA spokesman Mark Jenkins, in a release. "High domestic oil supplies, a decrease in global demand, and the easing of geopolitical tensions in Libya and Iraq are … [Read more...]