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Tampa Bay, state gas prices down 5 cents over the week

Florida gas prices dropped 5 cents over the week. Pictured is a gas station in St. Petersburg in 2017. [DIRK SHADD | Times, 2017]
Monday 20 August 2018 09.42

Summer is winding down, and so are gas prices. Florida pump prices averaged $2.76 per gallon Monday, down five cents over the week. Thatís just ahead of Tampa Bayís $2.72 per gallon average, which was also down five cents since last week according to AAA, The Auto Club Group.

"Prices declined last week after crude inventories grew and gasoline supplies remained stable, despite strong demand," said Mark Jenkins, AAA spokesperson, in a release. "Although demand was higher than the week before, it remains below most of July."

While gas prices are expected to continue to decline, AAA said, Labor Day weekend could cause a short-term spike in prices. Nationally, gas was $2.84 per gallon Monday.

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Contact Malena Carollo at mcarollo@tampabay.com or (727) 892-2249. Follow @malenacarollo.

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