Pump prices fall 70 cents over last year

1 March 2016

The average price for a gallon of gasoline has dropped 60 to 70 cents in the last 12 months, writes the AAA. With a current average price of $1.75, consumers are enjoying the lowest gas prices during this time of year since 2004. The current average price for a gallon of gas in Orlando is $1.64. “Gas prices historically climb at this time of year largely due to seasonal refinery maintenance, which can lead to reductions in supply. However, retail averages are likely to maintain their discount to recent years, barring any major disruptions in supply,” said Mark Jenkins, spokesman for AAA-The Auto Club Group.

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