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Updated: 12/30/2017 08:30:01AM

Gas prices to fall in coming weeks

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One gas station at the intersection of U.S. 27 and U.S. 98 shows a price of $2.43 while on the N.E. corner across the street advertises the same grade for $2.39.


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SEBRING — After a decline in gas prices over the last month and a half, consumers will once again be paying more at the pump. During the last 45 days, prices toppled by 18 cents on average. So far, the price has only risen 2 cents as of Dec. 27 causing the statewide average to increase to $2.37 per gallon.

The cause of the increase is the rise in the price of oil, which now exceeds $60 per barrel for the first time since June 2015, according to the American Automobile Association.

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