Florida’s average price for a gallon of gasoline below $2 over the last week, according to data released Monday by the AAA Florida Auto Club.
Prices at the pump had been tumbling each week of October into November. But the average cost of a gallon of the fuel dipped to $1.99 in the past week. It was a decrease of only about 1 cent a gallon but enough to drive the price under the $2 mark on the average in the Sunshine State.
The persistent drop in gas prices is corresponding with the so-called second wave of the coronavirus outbreak gripping the state and the nation.
AAA officials say gas prices will likely remain relatively cheap for the remainder of 2020.
“The gas price plunge stalled out last week, after news of a possible COVID-19 vaccine sent crude oil prices higher,” said Mark Jenkins, AAA Florida spokesperson. “The announcement restored some optimism within the fuel market, that fuel demand could eventually rebound. With the vaccine’s widespread release likely months away, it’s likely that gas prices will remain low through the rest of the year.”
Florida gas prices have been on a steady decline for 43