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Florida gas prices rise on vaccine and stimulus optimism

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Florida gas prices increased an average of 13 cents following big gains in the price of oil

From AAA

Florida gas prices increased last week, as was forecast in last week’s AAA Gas Price Brief. The state average is now nearly 13 cents more than a week ago.

"Gas prices are on the rise due to growing optimism that the US could pass a stimulus package, and about how a COVID-19 vaccine could eventually help improve global fuel demand in 2021," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Pump prices appear to be leveling out for now, but will seek direction from the fuel market this week."

Oil prices remain the primary driver for prices at the pump. The price of crude reached a new 9-month high on Friday, settling at $46.26 per barrel. The price of US crude is now nearly 25% more than a month ago.

Florida drivers are now paying the highest prices at the pump since early October. The state average of $2.16 per gallon is 13 cents more than a week ago, yet 38 cents per gallon less than this time last year.

Regional Prices

Most expensive metro markets – West Palm Beach-Boca Raton ($2.27), Port St. Lucie ($2.18), Ocala ($2.18)

Least expensive metro markets – Tallahassee ($2.08), Punta Gorda ($2.09), Crestview-Fort Walton Beach ($2.12)

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 Record High
National $2.161 $2.161 $2.128 $2.119 $2.589 $4.11 (7/17/2008)
Florida $2.155 $2.156 $2.032 $2.017 $2.537 $4.08 (7/17/2008)
Georgia $1.997 $1.997 $1.961 $1.930 $2.431 $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.

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 14 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.

AAA, florida, Gas Prices

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