Tampa, FL – Gas prices dipped another 6 cents nationwide since last week. The average price per gallon fell 5 cents in Florida, and 6 cents in both Georgia and Tennessee.
“Motorists should expect another week of discounts at the pump,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices remain especially low and gas prices are slowly catching up.”
The price of oil is forecast to remain low through the rest of the year due to shrinking demand now that the peak summer driving season is over. The U.S. Energy Information Administration forecasts the price of WTI oil to average $49.00 this year, and $54.00 in 2016.
In addition to low oil prices, the cost to produce gasoline will get even cheaper as refineries shift to winter-blend fuel. That shift is happening now, with a deadline of September 16. Winter-blend gasoline is cheaper to produce because it contains fewer additives than the summer-blend gas, which is required by the EPA to reduce air pollutants.
“Motorists are beginning to find more and more retailers selling gas below $2.00 a gallon in Florida, Georgia and Tennessee. It is unclear exactly how low prices will go in the coming months, but gas still has another 15 cents to fall before hitting the same low price we saw earlier this year when oil prices were this low,” said Jenkins.
Current and Past Price Averages
Regular Unleaded Gasoline
 |
Sunday | Saturday | Week Ago | Month Ago | Year Ago |
| National | $2.340 | $2.350 | $2.403 | $2.618 | $3.403 |
| Florida | $2.207 | $2.216 | $2.261 | $2.429 | $3.328 |
| Georgia | $2.190 | $2.197 | $2.248 | $2.427 | $3.330 |
| Tennessee | $2.053 | $2.060 | $2.108 | $2.295 | $3.185 |
| Click here to view current gasoline price averages | |||||
AAA updates fuel price averages daily at www.fuelgaugereport.aaa.com . Every day up to 120,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, travel, insurance and financial services offerings to approximately 9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana.
ACG belongs to the national AAA federation with more than 55 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety.
