Florida is the #1 state in the country for the largest decrease in gas prices over the past week.
In Florida, the average for a gallon of gas is $4.67, according to AAA. This is not a new record. The record was set at $4.89 on June 13. The cost of gas went down by one cent overnight.
The national average is $4.90 per gallon, which is not a new record. The record was $5.02 on June 14. The cost of gas went down by less than one cent overnight. It was $4.900 Sunday and is now $4.987.
Economic fears of a potential global recession lead to less demand for oil and dropped the price, AAA reported.
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