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Saturday, Oct 21, 2017
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Tampa gas prices hover around $3.30 a gallon

TAMPA - Gas prices in Tampa Bay continue to linger at a stable level as world markets wait for the next phase of a potential restructuring in the European economy, and they could stay in this range through the holidays. A gallon of regular unleaded now averages $3.303 in the Tampa Bay area, compared to $3.344 a week ago, according to AAA Auto Club South. Statewide, a gallon averages $3.384, compared to $3.420 a week ago. The website TampaGasPrices.com tracked a similar move, with gas falling 4.3 cents per gallon. "I believe prices will remain between $3.35 - $3.60 in Tampa for much of the rest of the year," said Patrick DeHaan, a petroleum analyst with GasBuddy, which publishes TampaGasPrices.com.
Oil prices are hovering around $95 per barrel as European leaders still haven't agreed on a way to resolve the debt crisis there, putting downward pressure on oil, while a U.S. Labor Department report said the unemployment rate fell a bit, adding upward pressure. "Oil prices are stuck between an uncertain future for Europe's financial system and glimmers of hope for an economic recovery in the U.S.," said Jessica Brady, a spokeswoman for AAA Auto Club South. Taken together, prices at the pump probably won't change much this week, she said.

rmullins@tampatrib.com (813) 259-7919 Twitter: @DailyDeadline

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