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AAA: Florida gas prices drop 4 cents

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Florida gas prices are 37 cents less than this time last year

From AAA

Florida drivers saw another round of discounts at the pump last week. The state average declined 4 cents per gallon, for a total discount of 7 cents in the past two weeks.

The average price for gas prices in Florida is $2.13 per gallon, though prices are well below that in many cities. Sunday’s state average is 37 cents less than this time last year. It’s well below this year’s high of $2.56 per gallon (set in January), yet 37 cents more than this year’s lowest daily price of $1.76 per gallon (May).

"Gas prices have trickled lower since Labor Day weekend, which is traditionally the end of the summer driving season," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Florida drivers may see the state average slip below $2.10 this week. However, there are opposing forces affecting the market. While expectations of lower seasonal demand has helped pressure prices lower, gasoline supplies have also recently dipped, which led to strong gains in wholesale gas prices last week."

US gasoline supplies are 5 percent lower than a month ago. The lower supply levels come as Gulf Coast refineries temporarily shutdown, because of either storm activity or planned seasonal maintenance. Meanwhile, implied gasoline demand has declined 7.5 percent in the past three weeks.

Regional Prices

Most expensive metro markets – West Palm Beach-Boca Raton ($2.25), Port St. Lucie ($2.18), Fort Lauderdale ($2.16)

Least expensive metro markets – Punta Gorda ($2.04), Orlando ($2.09), Jacksonville ($2.10), Fort Myers-Cape Coral ($2.10)

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 $2.181 $2.182 $2.195 $2.183 $2.669 $4.11 (7/17/2008)
Florida $2.132 $2.135 $2.169 $2.079 $2.501 $4.08 (7/17/2008)
Georgia $1.997 $1.999 $2.022 $1.989 $2.594 $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, Gas Prices

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