Gas prices drop for second straight week

Gas Pumps

Due to a nearly $20 drop per barrel of oil over the past week, pump prices have decreased in the Gainesville area and throughout the nation for the second straight week.

According to Thursday’s AAA report, the price per barrel of oil recently plummeted into the high $60s, which has led to a decline nationwide per gallon of gas.

In Gainesville, the price went from $3.71 last week to $3.65. A month ago, the price was at $3.47 per gallon.

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“The oil market volatility is leading to lower prices,” said Andrew Gross, AAA spokesperson, in the press release. “And we are also in a pre-summer driving season lull regarding domestic demand. These two factors should keep pump prices drifting lower for now.”

The latest Energy Information Administration (EIA) data showed gas demand decreased from 9.51 to 8.62 million barrels per day (b/d) last week. Market observers expected the drop in demand to occur last week and the estimate could be revised when final demand measurements for May are released by the EIA.

Total domestic gasoline stocks escalated by 1.8 million barrels of crude oil (bbl) to 222.9 million bbl. The increase in stocks coupled with lower demand contributed to lower pump prices. And if the demand remains low, drivers may continue to see a decline in pump prices.

Florida has the 13th most expensive average in the U.S. at $3.60 per gallon, down eight cents from last week’s $3.68. A month ago, the average cost was $3.46; last year it was $4.17.   

Thursday’s national average of $3.57 decreased from $3.63 last week. Last month’s average price was $3.50 and last year’s was $4.22 per gallon.

According to, here are the lowest prices to fill up in Alachua County:   

  • $3.39 at Pilot, 17276 US 301, Waldo
  • $3.45 at Murphy Express, 6323 NW 23rd St., Gainesville
  • $3.45 at Chevron, 830 NW 1st St., High Springs
  • $3.47 at Circle K, 4565 NW 13th St., Gainesville

Quick Stats 

Since last Thursday, these 10 states have seen the largest decreases in their averages: Texas (−12 cents), Ohio (−11 cents), Michigan (−11 cents), Delaware (−11 cents), Tennessee (−10 cents), Indiana (−10 cents), Maryland (−9 cents), Iowa (−8 cents), Florida (−8 cents) and North Carolina (−8 cents).

The nation’s top 10 least expensive markets: Mississippi ($3.05), Texas ($3.11), Louisiana ($3.15), Alabama ($3.16), Arkansas ($3.16), Tennessee ($3.17), South Carolina ($3.21), Oklahoma ($3.26), Georgia ($3.28) and Missouri ($3.29).

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