Florida gasoline prices could soon rise as oil prices rise 5%

According to AAA-The Auto Club Group’s weekly gasoline price chart, this is the lowest daily average price since June 19.

“Motorists were able to feel some relief at the pump last week as crude oil and gasoline futures prices fell sharply,” said Mark Jenkins, spokesman for the group.

“Fuel prices have been under downward pressure due to concerns of a global recession,” Jenkins continued. “However, futures prices regained some ground last week on renewed economic optimism, which could lead to a slight increase at the pump.”