Gas prices have plunged 14 cents a gallon in Miami. Will the trend continue?

By Miami Herald

South Florida gas prices dropped 14 cents a gallon this week as summer vacation season gets into gear.

Prices are also 14 cents lower than a month ago and 38 cents lower than a year ago.

The cost of gas also is down by double digits across Florida, averaging less than $3 a gallon. North Florida remains the cheapest to get gas in the state. Naples and Palm Beach County are among the most expensive areas for gas.

Gas analysts say the downward trend won’t last long.

“Escalating tensions between Israel and Iran drove oil prices higher last week,” said Mark Jenkins, spokesperson for AAA. “As a result, U.S. gas prices are expected to rise this week. The extent of the increase is uncertain, but drivers could begin seeing gas prices move higher on Monday.” Here’s what to know if you’re commuting or traveling in Florida:

Read more at: https://www.miamiherald.com/news/business/article308625320.html#storylink=cpy

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