Small Business Trends: Gas Prices May Be Coming Down as COVID Cases Go Up

Small Business Trends: Gas Prices May Be Coming Down as COVID Cases Go Up. “Concerns over demand have caused oil and gasoline futures prices to plummet, with Florida gas prices already down by 3 cents and set to drop even lower. The price decrease will continue unless futures prices recover from the recent sharp declines, with Florida gas prices now averaging $2.98 per gallon. It is not looking good though as wholesale gasoline prices are currently at their lowest point since April, when they were at $2.80 per gallon.”

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