Make us your home page
Instagram

Drivers thankful for a cheaper tankful

Gas prices dropped sharply over the weekend, leading some local stations to lower the price of regular below $3 a gallon. A Citgo station on U.S. 301 in Tampa offered regular for $2.85 a gallon, according to tampagasprices.com. In the Tampa-St. Petersburg-Clearwater area on Monday, regular unleaded gas averaged $3.26 a gallon, 15 cents lower than Friday's price, according to the AAA Fuel Gauge report. "We're forecasting that retail prices will continue to drop this week," said Randy Bly, spokesman for AAA. Gas prices had remained high as oil prices dropped because refinery outages from hurricanes Ike and Gustav led to lingering supply problems. Refineries are now near full strength, while the battered economy has weakened demand. The uptick in crude oil prices Monday should not push gas prices back up, Bly predicted. If oil prices remain stable, gas prices could fall to the $2.80- to $3-a-gallon range, he said. He also noted that there are signs that OPEC could curb production at a meeting next month in an effort to keep crude oil prices from falling below $80 a barrel. For this week, though, prices should continue to fall. "Who can look beyond that?" Bly asked.

Times staff

Drivers thankful for a cheaper tankful 10/13/08 [Last modified: Tuesday, October 14, 2008 12:04pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Tampa is 15th-most popular city to move to with U-Haul

    Markets

    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall

    Business

    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages

    Business

    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel

    Business

    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.