JACKSONVILLE, Fla. - Jacksonville’s gas prices continue moving downward, and WOKV’s oil expert believes the trend should continue.
“I think barring any kind of unforeseen events in the Middle East or a potential hurricane, we’re likely to see Florida gas prices edge lower into August,” says Gregg Laskoski with GasBuddy.com
On Monday, the average price for a gallon of regular gas in Jacksonville was $3.45, down four cents from a week before and fourteen cents from a month before.
Laskoski says the nation’s refineries are operating near 90 percent capacity, with Gulf Coast refineries closer to 95 percent. He says the nation has an exceptional crude oil supply right now, and demand remains “pretty flat.”
“So when you have flat demand and abundant supply, that’s going to be a sign that prices are likely to move lower,” Laskoski says.
He says we’ll probably see prices come down another ten cents a gallon over the next two weeks.
“And then once we get Labor Day behind us, that’s when we can really expect to see significant decreases taking us in through the fourth quarter of the year,” Laskoski says.
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