TAMPA, FL – Gasoline is selling at the lowest price since March amid rising gasoline supplies and falling oil prices. The national and Florida average prices for a gallon of regular unleaded gasoline are on a 30-day streak of declines. Prices in Georgia and Tennessee have fallen 34 and 32 consecutive days respectively.
The price of oil fell more than a dollar on the NYMEX this week. WTI settled at $102.09 a barrel Friday, $1.04 cheaper than the week prior. Oil is trading lower as gasoline supplies reach a four-month high and outpaces demand.”Oil prices briefly rose following the crash of Malaysian Airliner Flight MH17, but gas prices didn’t skip a beat last week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Motorists continue to enjoy discounts at the pump and that’s likely to continue this week.”
The national average price for a gallon of gasoline is 6 cents cheaper than last week. The average price also fell 5 cents in Florida, Georgia and Tennessee.
CURRENT AND PAST PRICE AVERAGES
Regular Unleaded Gasoline
| Sunday | Saturday | Week Ago | Month Ago | Year Ago | |
| National | $3.527 | $3.533 | $3.578 | $3.684 | $3.639 |
| Florida | $3.455 | $3.463 | $3.506 | $3.627 | $3.607 |
| Georgia | $3.434 | $3.441 | $3.479 | $3.605 | $3.511 |
| Tennessee | $3.307 | $3.314 | $3.358 | $3.474 | $3.426 |
Source: AAA
