Gas prices are down in South Florida. Will they fall more? Check your area

By Miami Herald Staff Report

Gas prices have gone down again this week in the Miami and Fort Lauderdale areas. As of Monday, June 15, gas prices remained under $4 a gallon in South Florida. The average Miami-area price is 43 cents a gallon lower per gallon than a month ago but 99 cents higher than a year ago, according to GasBuddy, a national fuel monitoring service that surveys nearly 1,700 stations in South Florida

“Crude prices dropped … after the United States and Iran announced an agreement to reopen the Strait of Hormuz,” said Mark Jenkins, spokesman for AAA – The Auto Club Group. “This is an encouraging sign for drivers, as lower oil prices typically lead to lower prices at the pump. However, this remains a fluid situation, and it’s unclear how quickly or how much gas prices may fall.”

Read more at: www.miamiherald.com

Author

Leave a Comment

Your email address will not be published. Required fields are marked *