Palm Beach County’s average gas price fell two cents in the last week to $2.25 a gallon for regular Monday, but at leas nine stations are offering gas for $1.99 a gallon.
AAA’s Fuel Gauge report says the Florida average is down a penny $2.09.
As usual, prices at a cluster of stations in the suburban Lake Worth/West Palm Beach area are the lowest reported on GasBuddy.com, along with Costco.
Gasoline is $1.99 a gallon at Cumberland Farms, 3980 10th Ave. N. and Kirk Road; RaceTrac, 3032 Lake Worth Road and Congress Avenue; Speedway, 3965 S. Congress Ave. and Lake Worth Road, 7-Eleven, 4774 Melaleuca Lane and Cumberland Farms, 4771 S. Military Trail and Melaleuca Lane.
Other stations selling $1.99 gas include Costco in Lantana, Royal Palm Beach and Boca Raton, and Citro, 2765 W. Forest Hill Blvd. and Prairie Road, suburban West Palm Beach.
December could bring more good news for motorists.
GasBuddy senior petroleum analyst Gregg Laskoski said pump prices generally fall in December.
“Over the past four years the average decline from Dec. 1 to Dec. 31 has been 15 cents per gallon and I’d have to think most of us would be pretty happy with that,” Laskoski said.
However, the outcome of an OPEC meeting scheduled for Wednesday in Vienna could impact gasoline prices. The OPEC cartel has a plan to cut back oil production by 1 million barrels a day, Laskoski said. But it’s likely that Russia, the largest non-OPEC oil exporter, will only agree to a freeze and not a production cut of its own.
A global oversupply of oil and gasoline has kept prices low.