LETTER TO THE EDITOR: Florida gas prices dip down slightly through holiday weekend, but the future is unknown with a volatile fuel market

Experts believe that gas prices are being dragged lower by falling crude oil prices, which suffered steep losses this past week on worries of a global economic slowdown. If these futures price drops hold, drivers could see Florida gas prices drift back below $4.10 per gallon. However, this is still an extremely volatile fuel market. On Tuesday, the price for U.S. crude oil plummeted, falling below $100 a barrel for the first time in eight weeks. Tuesday’s closing price of $99.50 per barrel is nearly $9 (16 percent) less than the week before, and the lowest daily settlement since April 25.