Florida Trend | Florida's Business Authority

Florida gasoline prices continue to dip

Florida motorists paid an average of $3.41 a gallon for regular unleaded gasoline Monday, as prices continue to dip, according to the AAA auto club.

Monday’s average price was down 3 cents from a week earlier and 15 cents from a month earlier.

Florida set a record with an average of $4.89 a gallon on June 13. "Crude oil and gasoline futures finished the week slightly lower than the week before, on ongoing concerns that a global recession and potential U.S. interest rate hike could stifle global fuel demand," AAA spokesman Mark Jenkins said in a prepared statement. "This should enable gas prices to slip even lower this week."

The average price, however, remains higher than a year ago, when it was $3.10 a gallon.

The most-expensive gas in Florida is in the West Palm Beach, Tallahassee and Miami areas, while the cheapest is in the Pensacola, Fort Walton Beach and Panama City areas, according to AAA.