Just in time for the Memorial Day weekend, drivers in Miami are enjoying a break from rising gas prices. The average price of a gas of regular gasoline in the Magic City dropped by 13.1 cents during the last week.
The new $3.50 per gallon price in Miami is 7.6 cents per gallon lower than a month ago and 4 cents per gallon lower than a year ago.
According to the gas prices tracking website and app GasBuddy, the cheapest station in Miami was priced at $2.35 per gallon Sunday, while the most expensive was $4.80 per gallon, close to Key Biscayne’s price of $4.79 per gallon.
Nationally, the average price of gasoline fell 3.2 cents per gallon in the last week, averaging $3.58 per gallon this Monday.
Patrick De Haan, head of petroleum analysis at GasBuddy said, “With gas prices now nearing a 10-cent drop to the high we saw a few weeks ago, the future looks good as we get closer to Memorial Day; price drops could potentially accelerate after last week’s jobs data shows the economy continues to cool off,” and expects “most Americans will see prices fall before the holiday weekend.”
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