Gas prices in Florida have dropped significantly, with the average price for a gallon now at $3.16, the lowest since February 2024. This decline is attributed to a sharp decrease in crude oil prices, settling at $67.67 per barrel, influenced by economic concerns and predictions of oversupply. Approximately 23% of Florida gas stations are offering fuel below $3 per gallon, and this trend is expected to continue as lower demand coincides with the fall season. In comparison, Georgia's average gas price also decreased to $3.06 per gallon, reflecting similar trends in low demand and falling crude prices. Experts predict that national gas prices could dip below $3 per gallon by October, benefiting motorists across the U.S. The overall decline in gas prices is not only a relief for consumers but also a reflection of broader economic factors affecting the oil market.