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Tampa gas prices down 7 cents in a week

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Published:   |   Updated: March 21, 2013 at 02:56 PM
TAMPA -

Gas prices in Tampa Bay continue to ease down after reaching highs at some stations above $4 per gallon at some stations this spring.

A gallon of regular unleaded now averages $3.686, down about 7 cents from $3.764 a week before and down about 14 cents from $3.835 a month before. Statewide, regular unleaded averages $3.735, compared to $3.814 a week before and $3.875 a month before.

The drop in gas prices follows a drop in the overall price of crude oil, which is down about 11 percent from a month ago and now averages about $100 per barrel.

Oil fell in price amid a sharp selloff in some commodities, while speculators and oil companies face more criticism over record-high gas prices and the U.S. economy continues to show sensitivity to drivers who must decide between paying for gas and other goods.

"Gasoline prices should drift lower in the next 30 days," wrote Tom Kloza, publisher of the Oil Price Information Service.

"If asked to pinpoint average U.S. pump prices for unleaded regular over that time frame," Kloza said, he'd put the figure at $3.50 to $3.60 a gallon by June 27.

rmullins@tampatrib.com

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