Staff Reports
Gas prices in Florida are again relatively low after fluctuating last week, according to AAA — The Auto Club Group.
The average Sunshine State pump price jumped 6 cents last week before sinking to $3.13 per gallon by the weekend.
On Monday morning, the Florida average per-pump price was $3.10 — just 1 cent higher than a week prior.
The lowest price this year was $2.99 per gallon on Jan. 22.
Mark Jenkins, spokesperson for AAA, said the slight rise and likely continued upward movement in price are due to increased crude oil prices. The U.S. price of crude rose by $3 last week — a more than 5% hike — settling at $71.92 per barrel on Friday. Gasoline futures rose 11 per gallon on the New York Mercantile Exchange.
“Crude oil and gasoline futures rose last week, cooling off the downward trend of prices at the pump,” he said in a statement. “The price gains are being attributed to optimism that the Federal Reserve’s interest rate cut would boost the global economy and energy demand.”
The most expensive Florida metro market for motorists is again the West Palm Beach-Boca Raton area, where gas Monday morning averaged $3.27 per gallon, followed by Naples ($3.19) and Gainesville ($3.18).
The cheapest gas, meanwhile, was in the Crestview-Fort Walton Beach area ($2.83), followed by Panama City ($2.86) and Pensacola ($2.86).
2 comments
Tropical Storm Helene
September 23, 2024 at 10:13 am
You better top off your tank,because a Cat 5 is headed to Florida,by Friday with about 140 mph , fuel by the warm.waters of the Gulf ,why have Desantis not issues a state of emergency for Florida today,it negligence of Florida, chief meteorologist to not inform the people of Florida Google The Eyewall
Jim Cantore.
September 23, 2024 at 11:00 am
There is a blob of weather of the coast of Central America in the Caribbean. It’s not named. There is not a track on it yet you th8nk it’s going to be a Cat 5 and hit Florida. Where exactly do you think and while you are making predictions, can you give me the winning lottery numbers for tomorrow night? By the way fuel prices are still higher than what they were in Jan 2021.