Gasoline prices continue to tumble in Southwest Florida

CREATED Nov. 12, 2012

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CAPE CORAL, Fla. - The cost of a gallon of unleaded regular gasoline fell another four cents on average nationwide and dropped about the same in Southwest Florida.

Prices in the Fort Myers/Cape Coral area range from $3.39 a gallon to $3.49 a gallon.  The price at the pump in Naples averaged $3.59 a gallon.

Although gas prices are on a downward trend, the cost for a barrel of oil increased slightly after consumer sentiment increased to 84.9 this month from 82.6 in October, according to a Thomson Reuters/University of Michigan report.

"Although oil prices inched up slightly, retail gas prices are expected to fall throughout the month," said Jessica Brady, AAA spokeswoman, The Auto Club Group. "Pump prices continue to look more attractive to travelers who plan to take a Thanksgiving road trip this year."

The national average price of regular unleaded gasoline is $3.44, Florida’s average is $3.37.