In Florida, Tampa <\/a>and Sarasota <\/a>are among the major cities with average prices over $4 per gallon.<\/p>\n “Prices so far today,\u00a0about $0.02 lower than yesterday,” Patrick De Haan, the head of petroleum analysis with GasBuddy, said. “The average, $4.07. Motorists should not be in a hurry to fill their tanks up because over the weekend, prices will likely fall back below $4. You probably could see some stations in the next week or two getting back into the $3.60s.”<\/p>\n With the Strait of Hormuz reopening, fuel experts say Americans could start seeing lower gas prices immediately.<\/p>\n “Gas prices this Memorial Day could be in the $3.65 to $3.95 range,” De Haan said. “That could improve by July 4. Prices on average could slip to $3.50 to $3.80 for July 4, and by the end of the summer, average prices in Tampa could slip to $3.35 to $3.75, but that’s based on, currently, very optimistic outcomes. That’s based on the strait reopening, no hurricanes.”<\/p>\n What they’re saying:<\/p>\n De Haan says the plummeting prices are encouraging for drivers and a lot of other major industries.<\/p>\n “Not only are our flights coming to Tampa going to soon see a big decrease in the price of jet fuel, but the trucks that are taking goods to the market, to the grocery store are going to see a nice decline here as well,” De Haan said.<\/p>\n De Haan says it will likely take a couple of months for the impacts to trickle down the supply chain.<\/p>\n “Once the strait reopens, keep in mind, it’s not just a light switch,” De Haan said. “It’s not going to drastically change overnight. The world is still about a billion barrels of oil short of where it would be, had the strait been reopened much earlier or open this whole time.”<\/p>\n What’s next:<\/p>\n De Haan says diesel prices will also start going down, but that it could take weeks or even a few months for prices to drop below $5 per gallon.<\/p>\n De Haan says it’s unpredictable how long the lower prices will last, depending on talks between the U.S. and Iran<\/a>.<\/p>\n “In a matter of two weeks, prices in Tampa could be in the $3.50s and $3.60s at some stations, and whether or not that sticks, is really going to be contingent on any new developments over the next few days and weeks,” De Haan said.<\/p>\n You can compare gas prices in your area here<\/a>.<\/p>\n The Source: Information for this story was gathered from an interview with the head of petroleum analysis with GasBuddy and FOX News reporting on the Iran War.<\/p>\n Tampa<\/a>Economy<\/a>Iran War<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"TAMPA, Fla. – As Iran announces the reopening of the Strait of Hormuz, the price of oil has…\n","protected":false},"author":2,"featured_media":236284,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[47,28,30,29,629,82633,2159,115,135,628,16338],"class_list":{"0":"post-236283","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-florida","8":"tag-fl","9":"tag-florida","10":"tag-florida-headlines","11":"tag-florida-news","12":"tag-hillsborough","13":"tag-iran-war","14":"tag-money","15":"tag-news","16":"tag-tampa","17":"tag-us","18":"tag-us-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/236283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=236283"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/236283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/236284"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=236283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=236283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=236283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/04\/vlcsnap-2026-04-17-18h37m07s441.png\")
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