Gas prices soar to new height, average $4.76 per gallon

Gas pumps gasoline, fuel, inflation gas prices
And they're not stopping there, as a $5 per gallon average now is looming.

Gas prices soared upward in the past week, increasing by 18 cents per gallon to reach a new record average of $4.76.

In reporting the new worst price ever, AAA — The Auto Club Group also warned that the climb does not appear to be stopping there. The average may be heading close to $5 per gallon within a week.

Crude oil prices rose 3% last week on the future’s market. Friday’s settlement of $118.87 per barrel was $3.80 per barrel more than the week before, and a new all-time record high, AAA reported.

Florida gas prices are now 66% more expensive than a year ago, the organization reported.

“Unfortunately, the pain at the pump is likely to get even worse this week,” Mark Jenkins, spokesman, AAA — The Auto Club Group reported.

“Gasoline made very strong gains in the futures market last week. When that happens, we normally see retail prices rise. It can take days or a week for pump prices to reflect the change, but It wouldn’t be a surprise to see retailers raise their prices another 20 cents by Monday night,” he added. “At this rate, it sure seems like there’s very little resistance to rising prices at the pump, and $5 a gallon is quickly becoming a very real possibility this summer.”

The futures market increases came even though OPEC+ announced plans to raise oil production by 648,000 barrels per day

The European Union’s Russian oil ban contributed to ongoing global supply concerns, while expectations of global fuel demand increased after China lifted COVID-19 restrictions in Shanghai, AAA noted.

AAA reported that in Florida, Pensacola had the best prices with gasoline averaging $4.57 per gallon; followed by Crestview-Fort Walton Beach at $4.59; Panama City at $4.60; Tallahassee at $4.66; Fort Myers and Jacksonville at $4.74; and the Titusville-Melbourne market at $4.75.

The worst prices were found in the West Palm Beach-Boca Raton market, where gas averaged $4.90 per gallon; followed by Fort Lauderdale and Miami at $4.79; Tampa at $4.77; and St. Petersburg and Orlando at $4.76.

Scott Powers

Scott Powers is an Orlando-based political journalist with 30+ years’ experience, mostly at newspapers such as the Orlando Sentinel and the Columbus Dispatch. He covers local, state and federal politics and space news across much of Central Florida. His career earned numerous journalism awards for stories ranging from the Space Shuttle Columbia disaster to presidential elections to misplaced nuclear waste. He and his wife Connie have three grown children. Besides them, he’s into mystery and suspense books and movies, rock, blues, basketball, baseball, writing unpublished novels, and being amused. Email him at [email protected].


  • Impeach Biden

    June 6, 2022 at 8:44 am

    Biden sits on the beach in Delaware while gas prices go through the roof, inflation is at forty year highs and 15,000 illegals are massing at was once our Southern Border. Complete chaos with this incompetent administration.

    • Your Replacement

      June 6, 2022 at 10:30 am

      “15 000 illegals”

      It’s not 15 000 illegals fault that white people aren’t breeding faster then they can replace lol

      • Impeach Biden

        June 6, 2022 at 11:20 am

        Okay my clueless racist. Do you really think this country can continue to bring more and more people here, illegally I might add? The country is can’t even take care of its “legal” citizens. Walk through any city and look at all the homeless. This county is broke. We can’t feed, house, educate, clothe, and provide medical care to the rest of the world. That’s what is happening here right now. I wonder if you are even a tax payer or maybe you too suck off the government.

Comments are closed.


Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch @PeterSchorschFL

Contributors & reporters: Phil Ammann, Drew Dixon, Roseanne Dunkelberger, A.G. Gancarski, Anne Geggis, Ryan Nicol, Jacob Ogles, Cole Pepper, Gray Rohrer, Jesse Scheckner, Christine Sexton, Drew Wilson, and Mike Wright.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704

Sign up for Sunburn