Gas Prices Lower
Published June 4th, 2012
AAA officials say Florida is seeing a bit of a relief at the gas pump as prices take a slight dip. They say gas prices are about a nickel cheaper than last week and thirty cents cheaper than a month ago. Its encouraging some local businesses who rely on gas.
Gainesville resident Arthur Harris uses a leaf blower to his job well.
"I am lawn technician," Harris said.
Most of the equipment he uses requires a lot of gas, they need about 50 to 100 gallons weekly.
"They have to have it, so then diesel, they have to use diesel too," Harris said.
And now that gas is cheaper it could help his bosses pockets get a little bigger.
"Well it helps the economy for sure," Harris said.
AAA officials say the reason why gas is cheaper is because markets overseas are not doing well, plus, Greece is bankrupt and other factors like the U.S. job numbers is down, officials say that's why gas prices are lower around this time of year.
"The job rate has not risen as we thought it might, OPEC reserves are higher than we thought they would be, the China market is not demanding as much oil as it has," Sue Boate AAA representative says.
Officials say gas prices are expected to decline and may continue to do so maybe even through the Summer.
"We were concerned about going over four dollars a gallon, in the spring we really thought that was a possibility so this is a relief and we are surprised and happy to see it," Boate said.
But Harris hopes with gas prices being low he can open a lawn care business of his own in the future.
The only factor right now that could contribute gas prices going up, is a hurricane.
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