By South Florida Business Journal

Florida drivers didnâ¿¿t see prices at the pump change last week, even though the price of crude oil closed 8 cents higher on the New York Mercantile Exchange.

The average price of a gallon of regular in the Sunshine State remains at $2.64, unchanged from a week earlier.

"Crude oil is still stuck in the $70 to $80 range and this is good news for consumers since it means retail gas prices will remain relatively unchanged, at least for the next week or so," said Jessica Brady, manager of AAA Public Relations, in a news release. "Unless a hurricane threatens refineries in the Gulf of Mexico or more positive economic reports are released, consumers can expect gas prices to stay within an affordable range."

In West Palm Beach, the average price of a gallon of regular ticked up a penny, to $2.75, while the average prices in Fort Lauderdale ($2.70) and Miami ($2.74) remained unchanged from a week ago.

Copyright 2010 American City Business Journals

http://southflorida.bizjournals.com/southflorida/stories/2010/07/19/daily1.html?ana=thestreet

Copyright bizjournals.com 2010

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