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They dropped over the weekend after reaching a yearly high last week. Uncertainty over the price of global crude oil could mean even higher prices.
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The average price of a gallon of regular unleaded gas Monday in Florida was $3.51, up from $3.46 a week earlier and $3.48 a month earlier, according to AAA.
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As inflation eases and the COVID-19 pandemic fades further into the background, GasBuddy expects pump prices nationally to drop.
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Amid strong refinery activity, the average price per gallon in the state dropped 17 cents to its lowest level of the year.
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The release of the national PCE index brought good economic news to Florida and the country as a whole.
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The 12-month inflation rate in the Tampa metro area is more than double the national rate, according to Consumer Price Index data.
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The average price in the greater Tampa Bay region is now under $3.
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The price of a regular unleaded gallon of gas fell 13 cents in the past week.
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Prices dropped 11 cents in the last week and 47 cents in the last month.
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The cost of an average price of gas fell 15 cents last week, and 36 cents over the last four weeks.
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We speak with a AAA Auto Club spokesperson about current gas prices and potential fuel hoarding ahead of a storm. Plus, Florida's ag and consumer services commissioner gives an update on the contaminated gas which came out of Port Tampa this weekend.
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While it’s still too early to know exactly what drivers will pay at the pump this Independence Day, it’s likely to be well below what drivers paid during last year’s holiday period.