Pump prices surged 26 cents during the past two weeks; should decline 5 cents this week
Florida gas prices are drifting lower after surging 15 cents last week. Florida drivers are now paying an average of $2.67 per gallon at the pump.
“Florida drivers should get some relief at the pump this week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “After US-Iran tensions led to higher fuel prices a couple of weeks ago, growing doubts of a US-China trade agreement is leading them lower. The state average is poised for a five-cent decline this week, and even lower if crude suffers additional drops.”
The price of crude (WTI) declined nearly $2 per barrel last week, after rising more than $7 per barrel the week before. Oil is now $15 per barrel less than this time last year, which is helping to keep pump prices at a discount.
The state average of $2.67 per gallon is 14 cents more than a week ago, and 6 cents more than last month ago. However, Florida drivers are still paying 5 cents per gallon less than this time last year.
The state average remains 13 cents per gallon less than the highest daily average price of 2019. So far, summertime gas prices have averaged $2.56 per gallon since Memorial Day. The state average on Independence Day was $2.68 per gallon – 2.5 cents less than last year’s holiday.
- Most expensive metro markets – West Palm Beach-Boca Raton ($2.72), Sebring ($2.71), Homosassa Springs ($2.71)
- Least expensive metro markets – Crestview-Fort Walton Beach ($2.62), Punta Gorda ($2.64), Miami ($2.65)
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
|AAA GAS PRICE AVERAGES
(Price per gallon of regular unleaded gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2019 High
|2018 High||Record High|
|National||$2.755||$2.757||$2.716||$2.771||$2.864||$2.895||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Florida||$2.670||$2.675||$2.533||$2.608||$2.720||$2.795||$2.92 (5/25/2018)||$4.08 (7/17/2008)|
|Georgia||$2.603||$2.601||$2.538||$2.543||$2.720||$2.735||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.