WUFT News

Oil prices up, but maybe not for long

By on May 2nd, 2011

Although gas prices spiked 6 cents in Florida this past week, the price may drop very soon. AAA Auto Club South Spokeswoman Jessica Brady says oil prices are falling following the death of Osama bin Laden.

“Oil dropped because of speculation that his death will actually ease back some of the turmoil over in the Middle East. If that’s the case, and if this continues, we could actually see gas prices drop a bit next week,” she says.

Brady says weaker demand from China will also help push down oil prices, although it is hard to tell exactly how much. The average price per gallon in Florida is currently $3.88. Brady says the main reason for the rise this week in Florida was the closure of 7 refineries across the Southeast because of bad weather, but the refineries are expected to open by the middle of the week.


This entry was posted in Florida. Bookmark the permalink.
 

More Stories in Florida

medicalmj

Medical Marijuana Supporters Renew Legalization Efforts With New Petition

Supporters of medical marijuana legalization went to court houses all over Florida on Friday in an effort to acquire the signatures needed to put the issue on the 2016 ballot. They need a total of 683,149 signatures, according to Ben Pollara, campaign manager for United for Care, an organization dedicated to legalizing medical marijuana.


Marion County Plane Crash

Two People Dead In Weirsdale Plane Crash

Two people are dead after a single-engine aircraft crashed in Weirsdale, Fla. today. Marion County officials conducted early investigations before handing over to the FAA and NTSB.


Jimmy Nelson, owner and host of television show Extreme Fishing Adventures, films for an episode in Key West, Fla., in January 2011. Nelson, 36-year-old Dunnellon resident, gave up real estate in 2008 to host his own fishing show.

Dunnellon Resident Hosts Fishing Television Show

Jimmy Nelson, a resident of Dunnellon, Florida, grew up with an affinity for water and fishing. After his job as a real estate agent was affected by the 2006 housing market decline, Nelson began his journey of turning his fishing hobby into a television career.


Wild Waters park in Ocala, Fla. is scheduled to phase-out and shut down in 2016, much to the chagrin of long-time visitors.

Wild Waters Phase-Out Plan Upsets Visitors

Officials at Wild Waters Water Park in Ocala are moving forward with plans to phase out the park and turn it into an ecotourism site by 2016. Long-time fans of the park are protesting the loss of one of Florida’s crown jewels. The Florida Department of Environmental Protection hopes to curb the 2 million gallons of water the park drains each month from Ocala’s water system.


Flooding in front of a home on Sugar Hill Road in Steinhatchee, Fla.

Flooding Forces Dixie County Residents From Homes

Dixie County residents are being pushed out of their homes as flood waters rise after heavy rain in the past 24 hours. About 45 homes and 30 roads have been affected throughout the county.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Underwriting Payments