Average local retail gasoline prices continue to fall
Average retail gasoline prices in Lee County continue to fall by 3.7 cents per gallon in the past week, averaging $3.56/g Sunday. This compares with the national average that decreased by 1.4 cents per gallon in the last week to $3.58/g, according to gasoline price website CapeCoralGasPrices.com.
Including the change in gas prices in the greater Fort Myers area during the past week, prices Sunday were 92.3 cents per gallon higher than the same day one year ago and are 10.1 cents per gallon lower than a month ago.
The national average has moved lower by 10.4 cents per gallon during the last month and stands 86.7 cents per gallon higher than this day one year ago.
“Although crude oil ended another volatile week on the upswing, rising from $79 to settle just above $82 per barrel at Friday’s close, overall demand for gasoline is not likely to increase any time soon and we should not be surprised to see crude oil slip to the mid 70s this week as the price at the pump edges lower too,” said Gregg Laskoski, GasBuddy.com senior petroleum analyst.


