Florida gas prices dip again to $2.01 on average

Florida gas prices have been falling for 36 days straight, according AAA Florida Auto Club data released Monday covering last week.

The average price for a gallon of gas in the Sunshine State dropped to $2.01, a decrease of about 4 cents from the previous week. Many gas stations are already charging less than $2 per gallon across Florida.

The resurgence of the coronavirus in Florida and across the nation is largely responsible for the price plunge. Daily records are being set on the national level for the number of new daily cases.  Motorists can expect prices to drop even lower, according to AAA officials.

“Demand concerns related to surging cases of COVID-19 continue to weigh on the global fuel market, leading to lower prices at the pump,” said Mark Jenkins, AAA Florida spokesperson. “Although U.S. gasoline demand is not nearly as low as it was in April, it remains 9% lower than what’s common this time of year.

“Florida drivers should see another round of discounts this week. The state average should slip below $2 a gallon and sink to $1.95 by the weekend,” Jenkins said.

The current average price for a gallon of gas is 17 cents less than a month ago and 41 cents lower than a year ago.

There are spots in the state where fuel prices remains notably higher. West Palm Beach is still seeing average prices at $2.15 per gallon, which is the most expensive in the state. Panama City is at $2.09 for the average gallon of gas followed by Pensacola at $2.07.

Meanwhile, many Florida markets have already fallen below $2 per gallon. Punta Gorda is seeing the cheapest rates at $1.88 followed by Orlando at $1.93 and Tampa at $1.94.

Florida still remains well below the national average price for a gallon of gas which now stands at $2.11.