Jesse Scheckner
Gas prices in Florida are declining again after an unexpected rise last week, settling at about $3.18 per gallon on Monday, according to AAA — The Auto Club Group.
One week before, the state registered a new per-gallon 2023 low of $3.16 before shooting up 8 cents through Wednesday.
That upward trend made a U-turn after, declining at a rate of roughly 2 cents daily.
The price increase “didn’t make much sense” considering drops in oil and gasoline futures over the past few weeks, AAA spokesperson Mark Jenkins said in a statement.
“Either way, the jump at the pump was short lived and those gains were mostly erased by the weekend,” he said. “Oil prices are now at multi-month lows, which should keep gas prices low through the holidays.”
The price of crude oil is in its third week of decline, sinking 13% ($11) since late October. Oil prices continue to impact pump prices directly since the product is a key gasoline ingredient.
In late September, oil traded at more than $90 per barrel. Friday’s closing price was $77.17, which was $5 cheaper than the week before.
The most expensive metropolitan markets for gas in Florida remain the same as last week. It’s priciest in the West Palm Beach-Boca Raton area, where motorists are shelling out $3.37 per gallon on average. Naples ($3.27) and Tallahassee ($3.24) are second and third priciest, respectively.
The cheapest fuel in the Sunshine State can be found in the Crestview-Fort Walton Beach area, where drivers and motorcyclists are paying $2.94 on average, followed by Pensacola (2.97) and Panama City ($3.02).
The national gas price average sat at $3.37 on Monday, a 4-cent drop over the week before.
States in the West and Northeast are bearing the higher costs, with California motorists paying the most per gallon ($5.07), followed by Hawaii ($4.73) and Washington ($4.51).
“We still need to cast a wary eye on global events, which may roil the oil market and spike prices,” AAA spokesperson Andrew Gross said in a statement. “But domestic gas prices are amid their usual seasonal swoon.”
4 comments
Earl Pitts "The Big Voice On The Right" American
November 13, 2023 at 9:58 am
Good morning America!!!!!
STAND BY FOR NEWS!!!!!
What were we paying prior to the implementation of 8idenomics again …. $1.84 per gallon?
Ahhh the good ‘Ole days … and somebody refresh my memory …. who was in the White House then???
Was it a Dook 4 Brains Leftist, America????
Think about it America
EPA
tom palmer
November 13, 2023 at 10:12 am
The President does not control gas prices. It is an international market.
I found last week’s spike of about 50 cents a gallon hard to justify It was back to $2.99 this morning so it is heading down again. btw, gas has not been below $2/gallon since 2004..
Impeach Biden
November 13, 2023 at 10:42 am
Of course if a Repub was the President you libs would be losing your minds over the price of fuel. Instead you spin it. Fuel prices where I live were roughly $2.17 per gallon before “Dementia” Joe took over. We were also energy independent before that feeble old man began his reign of terror on the gas industry.
Anne Green
November 13, 2023 at 3:37 pm
The disrespectful comments about our president are shocking and distasteful. The writer is a
attacking President Biden in a
cruel and unintelligent manner.
Comments are closed.