Florida drivers seeing some relief at gas pump

WEST PALM BEACH, Fla. — Following document gasoline costs final month, drivers in Florida are beginning to see a little bit little bit of aid on the pump.

The common value of an everyday gallon of gasoline in Florida was $4.07 on Tuesday, in accordance with AAA. That is barely beneath the nationwide common of $4.10.

These figures are barely cheaper than the $4.21 a gallon that Florida drivers have been paying on March 9.

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The common value of a gallon of normal gasoline in Palm Seashore County is at present $4.26, however many drivers have lately been capable of refill their tank for lower than $4 at stations close to West Palm Seashore.

Palm Seashore County’s gasoline costs are nonetheless the second-highest within the state with solely Monroe County’s common value of $4.33 the one county that’s greater, AAA says.

Florida will droop gasoline tax however not till October

Nevertheless, this respite from the document gasoline costs in March continues to be relative contemplating Florida drivers have been paying $2.82 right now final 12 months.

Gasoline costs have spiked throughout the nation because the Russian invasion of Ukraine. The U.S. and different international locations have tried to restrict the Kremlin’s export of oil and cripple Russia’s financial system by means of a number of sanctions, which has decreased the worldwide provide of oil.

President Joe Biden introduced March 31 that he ordered the discharge of as much as 1 million barrels of oil per day from the nation’s strategic petroleum reserve in a bid to manage power costs.

Earlier this month, the president additionally waived an ethanol rule in a bid to decrease U.S. gasoline costs.