Florida gas prices fall 9 cents in one week

2:53 PM, Oct 22, 2012   |    comments
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TALLAHASSEE, Fla. -- A new report shows gas prices are dropping across Florida and that trend is expected to continue this week.

The average price at the pump in Florida was $3.62 a gallon on Monday, according to AAA. That was down nine cents from the previous week.

MORE: Gas prices could soon drop 50 cents a gallon

Some areas are seeing even more dramatic declines. In Tallahassee, the price of regular unleaded stood at $3.36 a gallon at a McKenzie gas station.

AAA reports prices at the pump are falling because oil supplies are increasing and demand is decreasing.

U.S. oil stockpiles are at a two-month high while demand for gasoline has dropped six percent since August.

First Coast News