Will Florida gas prices dip below $4? Here's what the AAA says

It wasn't too long ago that gas prices in Florida were inching toward $5 a gallon. For the past three weeks, however, AAA said gas prices across the state have been on a consecutive decline.

Will Floridians soon see gas prices dip below $4 a gallon? The short answer: maybe.

"Gas prices are being dragged lower by falling crude oil prices, which suffered steep losses Tuesday, on worries of a global economic slowdown," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "If these futures price drops hold, drivers could see Florida gas prices drift back below $4.10 per gallon. However, this is still an extremely volatile fuel market, and we've seen oil prices rebound so many times in the past several months."

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As of Wednesday, the average price of gas in Florida is $4.51 per gallon. The state average has dropped at least 11 cents since last week and has declined a total of 35 cents through the past three weeks. 

Officials say the price for U.S. crude oil plummeted on Tuesday, falling below $100 a barrel for the first time in eight weeks. Tuesday's closing price of $99.50 per barrel is nearly $9 (16%) less than the week before, and the lowest daily settlement since April 25, 2022, according to AAA.

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To find gas stations near you with lower gas prices, visit our Pump Patrol page.