Florida gas prices rise after hitting lowest mark since February
oil pump and nozzles at the gas station on the street in daylight

oil pump and nozzles at the gas station on the street in daylight
Florida's average price is still about 10 cents lower than the national average.

After dipping to their lowest levels in four months, Florida gas prices began rising over the past week, according to AAA — The Auto Club Group.

The price for an average gallon of gas was $3.35 per gallon as of Sunday, a 10-cent hike over the previous week. The AAA report showed prices rose by as much as 15 cents last week before falling a few cents over the weekend.

It’s an unwelcome change that disrupted a 26-day streak of declines in gas prices, which dropped the average cost for a gallon of gas by 33 cents. Prices fell to $3.23 per gallon this past Tuesday, the lowest point Floridians have seen since mid-February.

AAA spokesperson Mark Jenkins said fluctuation in futures prices helped lead to the increase in costs here in Florida.

“Oil and gasoline futures prices rose the past two consecutive weeks, which raised the cost of producing gasoline,” Jenkins said. “Futures prices reportedly increased on data that fuel demand is outpacing fuel inventories. Price fluctuation like this is very common during the summer travel season.”

Indeed, Floridians had been seeing an unusual dip in fuel prices during the Summer travel season up until recently. But the U.S. price for crude oil is now above $80 per barrel after sitting below that mark for weeks. The price closed at $80.73 Friday, which is up 7% over the same time two weeks prior.

Florida’s average price for a gallon of gas, $3.35, is still below the national average, which sits about 10 cents higher, at $3.45 per gallon.

The most expensive location in Florida to fill up your tank is, as is standard, the West Palm Beach-Boca Raton market, where the average price sits at $3.53. That’s followed by the Gainesville and Naples areas, at $3.41 per gallon on average.

The cheapest locations for a refill are the markets in Crestview-Fort Walton Beach, Pensacola and Panama City, where prices are at $3.11 a gallon on average.

Ryan Nicol

Ryan Nicol covers news out of South Florida for Florida Politics. Ryan is a native Floridian who attended undergrad at Nova Southeastern University before moving on to law school at Florida State. After graduating with a law degree he moved into the news industry, working in TV News as a writer and producer, along with some freelance writing work. If you'd like to contact him, send an email to [email protected].


3 comments

  • Ricky Bobby

    June 24, 2024 at 10:50 am

    Still much higher than it was under the previous administration. Joe has been attempting to control the price by draining our strategic petroleum reserve. He and his administration went after the petroleum industry on day one of his abysmal administration.

  • Elvis Pitts American

    June 24, 2024 at 11:54 am

    One word:
    8IDENOMICS

  • Michael K

    June 24, 2024 at 12:47 pm

    I’m afraid both commentators above have inhaled too many exhaust fumes. They forget to mention that the US is currently producing more oil than any other nation on earth – production is at an all-time high. Must be market forces at work.

Comments are closed.


#FlaPol

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, Ryan Nicol, Jacob Ogles, Cole Pepper, Jesse Scheckner, Drew Wilson, and Mike Wright.

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