Falling gasoline prices nationally are mirrored by a cost drop in South Florida, leaving drivers breathing a little easier for the foreseeable future.
The average cost for a regular gallon of fuel was $2.23 on Monday, according to a survey of more than 1,500 Miami gas stations by Gasbuddy, a fuel price amalgamation service. This comes in slightly higher than the national average of $2.19 per gallon, but it’s still nowhere near last year’s prices. Exactly a year ago, drivers were shelling out more than $3 per gallon, nationally and locally.
According to Gasbuddy, Miami gas prices have dropped an average of nearly eight cents a gallon in the last month.
AAA reports that drivers nationwide can score a gallon for under $2 at 21 percent of gas stations.
Refineries are finishing scheduled maintenance, and when it’s completed, consumers will notice a surge in gasoline prices, said Jeff Pelton, GasBuddy's senior petroleum analyst for the Northeast.
“That, coupled with the lower demand that comes with the fall season, should push November retail prices to fall another 10 to 12 cents," he said in a statement.