Tag Archives: oil
Gainesville gas has fallen under $3 per gallon, keeping with average gas prices across the U.S. This is the first time in four years that national gas prices have dipped below $3.
Gas prices jumped in the past week and are expected to continue rising over the next few months.
If Tropical Storm Isaac comes through the main oil production sites in the Gulf of Mexico it could cause an increase in gas prices.
A large area of oil is about 30 miles off the coast of Panama City Beach. Officials there are asking for help from the National Guard. Emily Balazs from WKGC-FM reports.