“Motorists have enjoyed falling gas prices during the past month, and it appears prices are about to move even lower,” AAA reported. “The price of oil plummeted by more than $4 per barrel today. Tuesday's daily settlement of $55.69 per barrel is the lowest since November 2017.”
Rubio wrote U.S. Labor Sec. Alexander Acosta on the matter on Friday, calling on him to “approve the Florida Department of Economic Opportunity’s request to extend the deadline for individuals to apply for Disaster Unemployment Assistance (DUA), as a result of Hurricane Michael.”
On Friday, outgoing state Agriculture Commissioner Adam Putnam announced that the timber industry suffered the overwhelming majority of agriculture losses from the hurricane as that sector lost $1.3 billion while other agriculture industries suffered almost $200 million.
According to the report from AAA, gas prices in Florida have moved down for five weeks in a row, lowering a quarter during that period.
The all orange production outlook stands at 77 million boxes which is still 71 percent higher than last year’s production which was impacted by hurricanes and citrus greening.
On Monday, AAA released a report finding the average gallon of unleaded in Florida cost $2.64 on Sunday, well below the national average of $2.77 a gallon and 6 cents lower than the start of last week. Gas prices have dropped for 26 days in a row in Florida, lowering 18 cents over that period.
This week, Yoho rounded up more than 50 members of Congress to send a letter to the Federal Motor Carrier Administration, urging it to support a “petition to provide a waiver from certain Hours of Service (HOS) rules for livestock haulers.”
While Florida’s first place ranking is to be lauded, it should be noted that the grade is on a curve, otherwise, all states would fail. There’s plenty of room for improvement even in Florida. The minimum wage, the sales tax and property taxes are three particular areas where the state needs to improve. Furthermore, recent proposals to increase the corporate income tax would pull Florida down in the rankings.
With his home base on the Panhandle devastated by Hurricane Michael earlier this month, Florida CFO Jimmy Patronis continues to focus on that region’s recovery.
While next week’s general elections continue to dominate Florida’s attention, members of the state’s congressional delegation continue to fight to help residents of the Panhandle impacted by Hurricane Michael.