WUFT News

Gas prices drop for second straight week

By on March 18th, 2013

Florida gasoline prices steadily declined this week after a month of high prices.

Retail and gasoline prices for the week of March 11 were $3.831 per gallon, according to the U.S. Energy Information Administration. Prices had peaked to $3.925 per gallon during the week of February 25.

“We really saw prices inflate in February, and they became record-breaking, which is something that was not expected,” said Jessica Brady, AAA spokeswoman, said.

Prices will continue to drop for the rest of the month, but not as quickly, Brady said. Gas prices will likely drop about two to four cents per gallon. Gas prices are forecast to peak in April before declining, Brady said. If that happens, gas could be cheaper in the summer.

Jenna Lyons wrote this story online.


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