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 sign of slowing down,” AAA spokesman Mark Jenkins said, in a release. “Oil prices dropped for the fourth consecutive week because of increased oil production and low demand, and that’s keeping downward pressure on the price of gasoline. It is unclear exactly how low prices will go, but gasoline will keep getting cheaper as long as oil does.”
More than 89 million Americans are taking to the road this week, and when they do it, they will find the cheapest gasoline since May 2009, and the lowest Christmas prices since 2008, Jenkins said. On average, Americans are saving $13 for a tank of gas compared to this time last year, and if prices were to remain at these levels, households would save $550 next year, according to the Energy Information Administration.
“Plunging pump prices have boosted disposable income by more than 3.5 percent, which encourages Americans to travel,” Jenkins said. “AAA expects the highest number of travelers during the year-end holidays on record, which dates back to 2001.”
Florida prices were at $2.48 per gallon on average, down 12 cents from last week, and 35 cents from a month ago. Gas was 88 cents more expensive a year ago.
Although nowhere local has gas as close to $2 as Jacksonville does, many service stations are well below the state average.
In Land O’ Lakes, both the RaceTrac and the Hess station on the State Road 52 area reported prices of $2.35, according to GasBuddy, while the Sunoco on Land O’ Lakes Boulevard near Causeway Boulevard, reported the highest prices at $2.53.
In Wesley Chapel, Sam’s Club reported the lowest prices in the entire area at $2.24 on State Road 56. Four other stations were at $2.39, but well above the reported number from the high-volume retail store.
Lutz had gas prices ranging from $2.37 at Metro Gas on State Road 54 near Foggy Ridge Parkway, to $2.49 at three stations, including two near Van Dyke Road.
The cheapest gas in Zephyrhills is at the Marathon station on Eland Boulevard and Geiger Road with a reported price of $2.34. In Dade City, it was the Clark station at the lowest, with $2.33 per gallon on U.S. 301 near Long Avenue. The Chevron station on Fort King Road and Clinton Avenue was the most expensive, according to the website, at $2.45.