The national average for a gallon of regular gasoline continues to drop, recently by one cent to $2.11, down three cents from a week ago. Statewide, Florida’s average price of gas per gallon is $2 per gallon, while Osceola County’s current price per gallon is $1.89.
With demand remaining low, American drivers should expect pump prices to continue to decline.
Domestic crude prices have fallen due to market concern about increasing coronavirus infections worldwide, which could lower crude demand as countries potentially impose new protocols that will likely decrease oil consumption. As demand concerns continue to weigh on the market, crude prices will likely continue to decline.