Gas Prices Continue Their Downward Plunge

April 6, 2020

Gas prices continue to decline in Florida, down an average of 50 cents in the past 40 days, according to AAA.

The state average price was at a four-year low of $1.91 a gallon.

The average price per gallon in Escambia County was $1.82. But the lowest price per gallon Sunday night in Pensacola was $1.57, and the lowest in North Escambia Sunday night was $1.63 at a Cantonment station on Muscogee Road.

“The recent crude oil rally is not yet enough to force gas prices higher, but it does affect how much lower they can go,” said Mark Jenkins, spokesman, AAA – The Auto Club  Group. “Historically, gas prices rise like a rocket and fall like a feather. In this case, retail prices are still slowly falling to catch up with the massive discounts in oil and gasoline values that we saw in the past six weeks. While it’s unclear which way oil prices will go this week, the plunge at the pump should continue this week.”

NorthEscambia.com file photo.

Comments

3 Responses to “Gas Prices Continue Their Downward Plunge”

  1. Howie on April 6th, 2020 8:07 pm

    Not sure what the prices are since my wife and I are staying home. We have cancelled all Doctor’s and Dental appointments. If we need anything from the grocery store or pharmacy, a family member leaves it on our porch. Actually it’s not a bad thing to stay at home. You can get many things done around your house these days.

  2. tg on April 6th, 2020 9:11 am

    Cheap Gas Nowhere To Go !!!

  3. sam on April 6th, 2020 6:21 am

    never thought i would see gas lower in century than flomaton. enjoy it while you can. it won’t last.

Written by William Reynolds · Filed Under News