Home / State of Florida / Gas prices begin to stabilize in Florida

Gas prices begin to stabilize in Florida

By

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Gas prices have been decreasing for the past few months, though according to the latest fuel brief, prices are finally stabilizing. Jessica Brady, AAA spokeswoman, says this stabilization is probably indicative of how much gas will cost in the future.

The unofficial closing date of the summer driving season, Labor Day, means a decrease in fuel demand and prices. Other contributing factors to the stabilization include Gulf of Mexico oil platform and refinery operations resuming after Tropical Storm Isaac and the switch to winter-blend fuel by refineries, which is less costly to produce.

Brady says external factors, including another storm in the Gulf of Mexico or events overseas, could affect this annual trend, but for now prices should continue to stabilize.

Erin Rauch edited this story online.

About Ethan Magoc

Ethan is a journalist at WUFT News. He's a Pennsylvania native who found a home reporting Florida's stories. Reach him by emailing emagoc@wuft.org or calling 352-294-1525.

Check Also

This photo made available by the U.S. Coast Guard shows personal items that were recovered within a debris field off the coast of Sanibel, Fla., Wednesday, June 22, 2016. The personal items are believed to belong to a father and his three teenage children who were reported missing while they were aboard a sailboat in the Gulf of Mexico. (U.S. Coast Guard via AP)

Second Body Found As Searchers Seek Missing Family In Gulf

A second body was recovered Thursday as crews continued searching the Gulf of Mexico for a family missing off southwest Florida, the U.S. Coast Guard reported. Cape Coral Fire and Rescue found the body Thursday morning, about 4 miles from where searchers found another body Wednesday, a Coast Guard news release said. Authorities have not released the identity of either body.