Gas prices expected to drop drastically this week

Bay County

PANAMA CITY, Fla. (WMBB) — With Florida gas prices already low, they are looking to sink below two dollars per gallon in some markets.

According to AAA, crude and gas prices were sent into a tailspin overnight, hitting lows that haven’t been seen since 2016.

2 weeks ago — a barrel of crude was at fifty-three dollars and just yesterday that price is down to thirty-three dollars a barrel.


Panama city is one of the most expensive metro markets at around $2.37 a gallon, and the least expensive markets are in Orlando and Jacksonville at $2.19.


The average for Florida right now is $2.28. The market does expect prices to drop here locally even more as the week continues.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Local News Video

Daniel West

Daniel West Hearing

Kindergarten Registration

FSU Black History

Four Hurlburt Airmen transition to Space Force to become Guardians

Bay High STEM building named

More Local News

Don't Miss