Bartow starts week with plunging gas prices | News
Bartow, FL -- It's the second day into th work week, and by now, you probablly noticed a steep drop in fuel prices in the Bartow area.
Retail gasoline prices all over the Southeast decreased another 12 cents a gallon from last week.
Good news, too. Pump prices are expected to continue their decline even as Hurricane Sandy threatens the East Coast.
"While motorists would expect gas prices to surge with Hurricane Sandy headed for the East Coast, the storm has not yet caused prices to spike," said Jessica Brady, AAA spokeswoman, The Auto Club Group in Tampa.
"Despite Sandy, retail gas prices are forecast to fall further this week and the downward trend is expected to continue into the Thanksgiving holiday," she said.
Fuel-watchers say there's ample supply numbers and contracting demand pushed oil prices to a three-month low last week. U.S. oil supplies jumped almost 6 million barrels last week to 375 million barrels, the highest level for this time of year since 1982, according to the Energy Department.
They say while production holds at a 17-year high, gasoline consumption dropped to its slowest rate since March.
The national average price of regular unleaded gasoline is $3.55, which is 13 cents less than last week.
Florida's average of $3.52 dropped 12 cents from last week.
In Bartow, the Sunoco at 1385 N Broadway & Manor Dr has gas for under $3.50 at $3.48.9.
For the lowes tprices in your area, check out www.wtsp.com/gas.