Gas prices are inching closer and closer to a milestone it hasn’t reached in nearly four years: Sell of less than $3 per gallon.
The decline in the cost of a gallon go gas continued last week, with Florida’s average dropping another 2 cents to $3.35 on Sunday, according to a new report from AAA – The Auto Club Group. In fact, gas prices in some metropolitan markets in the south have actually fallen below $3.20, which some stations not far from Tampa International Airport actually dipping below $3.10 as well.
That drop has taken place despite the turmoil happening overseas, said AAA spokesman Mark Jenkins.
“Motorists are reaping the benefits of booming domestic oil production, which has provided the cheapest gas prices for August in years,” he said, in a release. “The price of oil declined slightly last week, so gas prices could skip even more this week.”
Tensions between Russia and Ukraine continue, as well as some unrest in Libya. Yet, nothing overseas has disrupted oil distribution, Jenkins said. The price of a barrel of oil dropped 30 cents to $97.35, suggesting there is still more room for gas costs to drop.
Nationally, gas has averaged $3.46 a gallon, down 2 cents from a week ago. Florida gas is down 16 cents from a year ago, and 18 cents from just a month ago.
Gas prices in Land O’ Lakes on Sunday were reported as low as $3.15 at the Hess station on State Road 52 and U.S. 41, according to GasBuddy. The most expensive there was reported in the Shell station on State Road 54 and State Road 56, where prices checked in at $3.39 late Sunday night.
Prices were at $3.16 in some parts of Wesley Chapel and New Tampa, including the Sam’s Club on State Road 56 near Bruce B. Downs Boulevard, as well as the Kangaroo station at 14611 Bruce B. Downs Blvd. The most expensive in that area, according to GasBuddy, was the Shell station at County Road 54 and Oakley Boulevard.
In Lutz, prices were anywhere from $3.18 like at both a Chevron and Sunoco station at State Road 54 and Collier Parkway, and $3.39 at the Shell station at North Dale Mabry Highway and Van Dyke Road.
The cheapest gas in Zephyrhills was $3.28 at a Sunoco station at Gall Boulevard and Geiger Road, with the most expensive reported at Cumberland Farms at State Road 39 and U.S. 301, at $3.36.
Dade City was a lot better, at least for anyone willing to travel north toward Hernando County. The Shell station at Cortez Boulevard and U.S. 301 was selling gas at $3.19, according to GasBuddy, while the most costly was at a Citgo at Lock and 21st streets, where regular gas was selling for $3.49 Sunday.