Here we go again. Economists are blaming China for higher gas prices. Well, in a way…Speculative investors think China’s economy is on a post-COVID rebound, meaning they will soon be requiring lots more fuel. Therefore, the price at our pumps has risen by about 15 cents a gallon in the last week. This is also the second week in a row that the price has increased.
The average price per gallon for regular gasoline in Florida was $3.41 over the weekend. That’s the highest it’s been in quite a while, but still substantially lower than the high of $4.89 a gallon we saw last year. China is the largest oil importer on Earth, and that means their economy affects us all. When things so badly in China, the world suffers, too. But there is good news. The increases we’ve seen at the pump over the last two weeks appear to be about the worst that we will see in the foreseeable future. While our average price per gallon in Florida is $3.41, that’s just below the national average of $3.42. As usual, different parts of the state have seen different prices. Miami and Fort Lauderdale have the highest price, while Sarasota and Fort Walton Beach have the lowest prices in the Sunshine State.
Experts say there are proven ways to save gas when prices hurt your wallet. First, comnbine trips when you can. Second, pay attention to prices along your drive and find the cheapest gas on the way to your destination. Third, pay with cash when possible. While it can be a hassle to leave your car and go inside the building, you can save several cents per gallon by doing so. Fourth, remove extra weight from your car (spouses don’t count). Fifth, leave earlier so you don’t have to drive aggressively. When you’re in a hurry, you waste gas by driving faster. finally, check your tire pressure often. Low tire pressure can seriously affect your miles per gallon. BONUS: Check and change the air filter if it’s dirty. Your car gets better milege when it’s breathing clean air. Source: WTSP.com
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