With more supply and less demand, gas prices slipped four cents over last week, according to a study from AAA released on Monday.
The Florida Job Growth Grant Fund, which Scott and the Florida Legislature launched in 2017, provides $85 million for improving public infrastructure and enhancing workforce training in Florida.
“Millions of Americans are making plans for summer vacations, visiting famous landmarks in Europe, family attractions stateside, and anything in between,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group.
Spano successfully added an amendment to the Transportation and Housing and Urban Development Appropriations Bill adding $8 million to the Office of Commercial Space Transportation.
Overnight, President Trump authorized the release of oil from the Strategic Petroleum Reserve in an effort to balance the market,” AAA noted.
AAA released a study on Monday showing the average gallon of gas cost $2.37 a gallon on Sunday, down three cents from the week before and below the national average of $2.60 a gallon.
Industry analysts say Florida has emerged as the nation’s fourth-largest market for electric vehicle (EV) sales.
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.
"Gasoline supplies are at record highs, according to the latest report from the EIA. That's because refineries had been running hard to meet seasonal demand for both heating oil and exports. In doing so, they were left with more gasoline than there was demand for. State averages could drop another 3-5 cents in the next 7-10 days as a result."
“Floridians are eagerly anticipating the start of summer, and gas prices should not be a deterrent,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group.