This Monday, gas prices drop sharply in Miami

Miami drivers are starting the week with some welcome news at the pump.

Gas prices have fallen sharply across South Florida, continuing a statewide decline after weeks of high fuel costs.

According to AAA, the average price for regular gasoline in Miami fell to about $4.15 per gallon Monday morning.

That is down from approximately $4.31 a gallon one week ago — a decline of about 16 cents per gallon.

The price also fell overnight. Miami’s average was approximately $4.17 on Sunday before dropping to about $4.15 Monday.

Diesel prices are moving lower as well.

The average price for diesel in Miami stood at approximately $6.00 per gallon Monday, compared with about $6.19 a week earlier.

The decline comes after South Florida drivers experienced a painful surge in fuel prices during September.

Just last week, drivers in Miami-Dade were paying around $4.31 per gallon, while Broward County was averaging approximately $4.38.

The latest decline is part of a broader trend across Florida.

AAA says Florida gas prices have fallen 34 cents per gallon in nine days as oil prices retreated from recent highs.

Florida’s statewide average fell to about $4.06 Monday, meaning Miami drivers are still paying slightly more than the state average.

AAA says the recent decline is now saving Florida drivers roughly $5 to $7 on a typical tank compared with prices from a little more than a week ago.

But despite the relief, gasoline remains significantly more expensive than it was last year.

Miami drivers were paying an average of approximately $3.00 per gallon at this time last year. Monday’s average of about $4.15 is roughly $1.15 higher.

For now, however, the direction is good news for South Florida drivers.

After watching prices climb rapidly in September, Miami motorists are finally seeing prices move the other way — down.