Florida Gas Prices Continue to Ease On Ceasefire Talks

By The News Service of Florida

Gas prices in Florida continued to dip after the U.S. and Iran ambled toward a tentative ceasefire agreement, even as the U.S. attacked Iranian military sites over the weekend and Iran sent drone attacks on Kuwait.

AAA put the average gallon of gas in Florida at $4.04 on Monday, down 31 cents from the prior Monday.

Since the U.S. and Israel launched strikes on Iranian targets on Feb. 28, and Iran responded by attacking tankers transporting oil through the Strait of Hormuz, sealing off a vital passageway for global oil supplies, the price of gas has jumped significantly.

Florida’s average was $2.90 a gallon and the national rate was $2.98 a gallon on Feb. 28.

But in recent weeks the price has come down from previous highs.

Averages on Monday ranged from $3.81 a gallon in Escambia County to $4.44 a gallon in Monroe County.

The national average on Monday stood at $4.32 a gallon, 19 cents lower than a week earlier.

Patrick De Haan, head of petroleum analysis at GasBuddy, noted Sunday the national average is the lowest in more than a month, but added, “if a deal with Iran is not solidified very soon to reopen the Strait, prices may once again spike.”

AAA also cautioned that a decrease to pre-war levels could take time.

“Gas prices remain the highest they’ve been in four years and will likely remain elevated as the busy summer driving season gets underway,” AAA stated in a release.

Diesel in Florida was $5.12 a gallon on Monday, down 23 cents over the week.

For electric vehicles, the cost per kilowatt-hour at Florida charging stations stood at 41 cents on Monday, where it has stood since April 26.

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