In Ocala, the average price was $2.24.
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In 2015, MI gas cost $2.91 per gallon on average.
The price for crude oil, which is globally traded on the stock market, declined by almost $2.50 the day after the “Brexit” vote. Since two-thirds the price of gasoline is influenced by oil prices, this reduces the likelihood of gas prices rising in the near future, AAA spokesman Mark Jenkins said.
The average price for a gallon of gasoline is $2.31 nationwide, $2.27 in Florida, and $2.18 in Georgia.
Gregg Laskoski, senior petroleum analyst for the gasoline price website GasBuddy.com, says Brexit’s influence – a stronger US dollar and weakening European currencies – is driving global crude oil prices down.
Last year, gasoline rose 73 cents a gallon from February to peak at $2.98 a gallon.
The price of gas continues to remain significantly lower than at this time past year, when it was $2.78 per gallon in the Ocean State.
San Bernardino, CA, June 27- Average retail gasoline prices in San Bernardino have risen 5.2 cents per gallon in the past week, averaging $2.90/g yesterday, according to GasBuddy’s daily survey of 567 gas outlets in San Bernardino.
Prices in Mesquite ranged from $2.41 to $2.75 per gallon on Monday morning, according to GasBuddy’s free mobile app.
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Last Friday’s decision by British citizens to opt out of the European Union may have an effect on how much you pay for a gallon of gas.
