TBO.com: Tampa Bay Online, The Tampa Tribune and The Tampa Times - breaking news and weather.
Monday, Oct 20, 2014
Business News

Tampa gas prices down nearly a dime

By
Published:   |   Updated: March 21, 2013 at 12:19 AM
TAMPA -

Gas prices in Tampa continue their march downward as the world economic woes give drivers an unexpected perk of almost a dime per gallon from last week.

A gallon of regular unleaded now averages $3.377 in the Tampa Bay area, down from $3.463 a week ago.

That brings gas prices down to roughly where they stood a month ago, and down from a peak of about $4 per gallon in May.

Statewide, regular unleaded now averages $3.460 per gallon, compared to $3.538 a week ago and $3.568 a month ago.

Drivers can thank gloomy world economic news for pushing down oil prices, with lessening demand and weakened world currencies, said AAA Auto Club South spokeswoman Jessica Brady.

Oil production is also picking up in Libya, which supplies much of the high-quality oil needed in the Europe.

Gas prices could continue their march downward, as crude oil settled Friday at $79.85 per barrel, $8.11 less than a week ago.


rmullins@tampatrib.com (813) 259-7919 Twitter: @DailyDeadline

Subscribe to The Tampa Tribune

Comments