The Laker/Lutz News

Serving Lutz since 1964 and Pasco since 1981.
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21st Street

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

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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 get cheaper through the rest of the year.”

Even the national gas price is taking a hit, with the U.S. Energy Information Administration dropping its forecast from $3.38 per gallon in 2015, to $2.94 instead. The national average in 2013 was $3.49, and despite the current drop in price, has averaged $3.45 so far this year.

“The change in EIA’s forecast this month shows just how volatile gas prices can be,” Jenkins said. “Motorists can expect low gas prices to linger through early 2015, but they will likely climb above $3 a gallon in the spring.”

That’s because gas prices typically rise about 40 cents in the spring because of oil refinery maintenance, increased demand, and the switch to the more expensive summer blend fuel.

The shale boom continues to push the price of oil downward, with a barrel selling for $75.82 on Friday — down $2.83 from the week before.

A gallon of unleaded gasoline in Florida Sunday was down 3 cents from a week ago, and 32 cents from a month ago. The price is 35 cents cheaper per gallon than what it was a year ago.

Two gas stations just off State Road 52 reported the cheapest gas in Land O’ Lakes, according to GasBuddy.com, with a posted price of $2.73 per gallon on Sunday. The most expensive was found at the Sunoco station on Land O’ Lakes and Causeway boulevards, at $2.89.

The Sam’s Club on State Road 56 was slightly cheaper with prices at $2.72, while the cash price at a Citgo on State Road 54 and Boyette Road was the priciest in Wesley Chapel at $2.89.

Gas prices in Lutz ranged from $2.74 at three different stations, to $2.94 at a Shell station on North Dale Mabry Highway and Van Dyke Road.

The cheapest gas in Zephyrhills was reported at $2.72 at two different stations, while the most expensive was said to be $2.89 at a Citgo at Gall Boulevard and Chancey Road. Dade City prices ranged from $2.69 at D&D on U.S. 98 and U.S. 301, to $2.85 at the Citgo station at Lock and 21st streets.

World in chaos, but gas prices still dropping

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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.