LEE COUNTY, Fla. -- After peaking at a 2-year high in April, gas prices are on the decrease again in Florida and nationwide.
The average price of gas in Florida decreased by 4 cents over the past week, and experts expect that trend to continue.
"When refineries finished spring maintenance season, they accelerated production to levels that have outpaced demand," says AAA spokesman Mark Jenkins. "Because of this unexpected shift in fundamentals, motorists have likely seen the highest prices for the foreseeable future and retail prices should fall a few cents more this week."
The current average price of gas in the Fort Myers-Cape Coral market, according to AAA, is $2.40. That's down from $2.44 one week ago, but still higher than the $2.17 drivers were paying one year ago.
The average price in Florida is currently $2.41, and $2.38 nationwide.
