Downward trends for gas prices in Florida - WFLA News Channel 8

Downward trends for gas prices in Florida

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Gas prices show downward trends in Florida and nationwide at the beginning of the month, according to AAA Auto Club.

The retail price of gas in Florida is 2 cents less than last week.

The country's oil inventory is at an 82-year high and the oil's output is peaking as well, according to the AAA report.

The Auto Club's analysts believe the prices will continue to fall this month.

"Not only is fuel demand relatively weak, but consumer spending is down year-over-year; two factors that will keep bearish pressure on prices," said Jessica Brady, AAA spokesperson.

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