Jacksonville, Fla. — Good news for holiday road trippers.
Gas prices in Florida dropped 12 cents per gallon last week.
The state average has now declined for five consecutive weeks, according to AAA.
On Sunday, the average price for a gallon of regular unleaded gas averaged $3.04.
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AAA estimates 5.8 million Floridians will take a year-end holiday road trip.
Sunday’s state average is almost 20 cents per gallon less than it was this time last year.
“The plunge at the pump is the result of falling oil prices, which have plummeted primarily due to market concerns about a global economic recession,” said Mark Jenkins, public relations manager, AAA - The Auto Club Group. “Lower oil prices lowers the cost of producing gasoline. These low gas prices should hang around through the end of the year, unless oil prices unexpectedly rebound.”
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Among the most expensive metro markets, AAA lists West Palm Beach-Boca Raton ($3.26), Gainesville ($3.18), and Miami ($3.17).
The least expensive metro markets were Crestview-Fort Walton Beach ($2.78), Pensacola ($2.82), and Panama City ($2.85).
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