The price of a gallon of regular unleaded gas in Florida dipped below $3 over the weekend.
Monday鈥檚 average of $2.97 is the lowest in more than a year, according to AAA-the Auto Club.
That鈥檚 13 cents less than a week ago and 55 cents less than the same date in 2024.
The decrease is a product of low oil prices, which has remained below $70 a barrel since February, and strong gasoline production, according to AAA.
鈥淚t's not clear how much lower prices will go,鈥 AAA spokesman Mark Jenkins said in a news release. 鈥淪pringtime factors like refinery maintenance, strong demand and the switch to summer gasoline typically keep upward pressure on prices at the pump."
While Florida鈥檚 numbers are down, the national price went up 5 cents last week to $3.13. Still, that鈥檚 42 cents lower than a year ago.
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