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Motorists could get a break after Florida gas prices hit 2024 high WFTV [Video]

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Oil and Gas Industry News

ORLANDO, Fla. — AAA said gas prices in Florida rose to their 2024 high last week.

On Friday, the average price for a gallon of regular reached $3.64, tying the figure they climbed to in mid-April.

Since Friday, gas has fallen roughly 5 cents in the Sunshine State, settling at $3.59 per gallon on Monday.

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But AAA said a more noticeable price tumble might be on the horizon.

“Drivers will likely be happy to hear that they may soon get a break from rising prices at the pump,” AAA’s Mark Jenkins said.

“The price of oil took a step back last week, enabling gasoline futures to drop 20 cents per gallon.”

Jenkins said about half the price of gasoline is influenced by the price of oil.

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“Unless those prices suddenly rebound this week, drivers should see gas prices steadily move …

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