Transportation

Gas Prices Remain Stable

 

Retail gasoline prices remain stable as the price of a barrel of oil neared $100 again after multiple reports were released last week that showed positive acceleration for the U.S. economy. Single-family home purchases rose in November to a seven-month high as U.S. unemployment claims fell by 4,000 to 364,000 last week, reported the U.S. Labor Department.

Jacksonville Weekly Gas Price Update, December 12

Jacksonville Weekly Gas Price Update, December 12

 

Average retail gasoline prices in Jacksonville have risen 3.0 cents per gallon in the past week, averaging $3.24/g yesterday. This compares with the national average that has fallen 0.7 cents per gallon in the last week to $3.28/g, according to gasoline price website JacksonvilleGasPrices.com.

Weekly Gas Price Update, November 21st

Weekly Gas Price Update, November 21st

Average retail gasoline prices in Jacksonville have fallen 5.4 cents per gallon in the past week, averaging $3.30/g yesterday. This compares with the national average that has fallen 5.7 cents per gallon in the last week to $3.36/g, according to gasoline price website JacksonvilleGasPrices.com.

Jacksonville Weekly Gas Price Update, October 31

 

Average retail gasoline prices in Jacksonville have fallen 4.5 cents per gallon in the past week, averaging $3.36/g yesterday. This compares with the national average that has fallen 0.6 cents per gallon in the last week to $3.46/g, according to gasoline price website JacksonvilleGasPrices.com.

Fuel Price Brief

 

For the first time since August 9, crude oil settled below $80 a barrel as fuel demand lags and economic concerns persist. Oil production in Libya has resumed an output quota of almost 600 million barrels a day. Libyan quotas are expected to reach one million barrels a day in the next six months. All of which drove down oil and gas prices throughout the past month. Crude oil settled Friday at $79.85 a barrel on the New York Mercantile Exchange—$8.11 less than the week prior. 

Jacksonville Weekly Gas Price Update, August 29

Average retail gasoline prices in Jacksonville have risen 0.2 cents per gallon in the past week, averaging $3.50/g yesterday. This compares with the national average that has increased 2.8 cents per gallon in the last week to $3.61/g, according to gasoline price website JacksonvilleGasPrices.com.