AAA: Florida's average gas price sinks to five-month low

Florida gas prices slipped to the lower end of the 30-cent range, which it has fluctuated within for the past year. Global fuel prices are facing downward pressure on reports that global fuel supplies are outpacing demand.”

Mark Jenkins, AAA

Florida gas prices declined 12 cents last week. Sunday's state average was $2.92 per gallon. That's the lowest daily average price since May.

Florida's average gas price is: 

• 12 cents less than a week ago
• 7 cents less than a month ago
• 18 cents less than last year

It costs $44 to fill a 15-gallon tank with regular unleaded gasoline. That's $2.50 less than last year.  

"Florida gas prices slipped to the lower end of the 30-cent range, which it has fluctuated within for the past year," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Global fuel prices are facing downward pressure on reports that global fuel supplies are outpacing demand."

Related: AAA - Speeding hits just as hard as drunk driving; 40% of Floridians admit to driving over the speed limit in a new survey.

The U.S. price of crude oil has declined by 10% over the past two weeks. Last week, WTI slid below $60 per barrel. Friday's closing price of $58.90/b was nearly $2/b (-3%) less than the week before and the lowest daily settlement since May.

Last week, the EIA reported a significant build in domestic fuel inventories, indicating that supply is outpacing demand. As production levels from the U.S., Canada, and Brazil remain strong, OPEC+ is considering boosting output in November. 

Visit GasPrices.AAA.com to view state and local average gas prices.

Apopka Gas Prices

Regional Prices

• Most expensive metro markets – West Palm Beach-Boca Raton ($3.09), Gainesville ($3.05), Naples ($2.97)
• Least expensive metro markets – Crestview-Fort Walton Beach ($2.76), Pensacola ($2.79), Panama City ($2.81)

Ways to Save on Gasoline

1. Combine errands to limit driving time.
2. Drive conservatively. Avoid aggressive acceleration and speeding, which reduces fuel economy.
3. Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
4. Shop around for the best gas prices in your community by using the AAA mobile app. 
5. Pay with cash. Some retailers charge more per gallon for customers who pay with a credit card.

AAA Resources for Drivers

• Find the lowest gas prices in your area by using the free AAA mobile app.
• Determine fuel costs for your trip by using the AAA's Gas Cost Calculator.
• Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 30 cents per gallon on their first fill-up and 5 cents per gallon each additional trip to the pump. Click herefor more information. Members can also save money when buying gasoline, diesel, and propane at Love's Travel Stops in select states. Click here to learn more.
• Ensure your vehicle is properly maintained to optimize its fuel economy. Visit AAA.com/AutoRepair to find a certified repair shop.

Find Florida Gas Prices

• Daily gas price averages can be found at Gasprices.aaa.com 
• State and metro averages can be found here

	Sunday	Saturday	Week Ago	Month Ago	One Year Ago
National	$3.083	$3.089	$3.133	$3.188	$3.204
Florida	$2.919	$2.929	$3.038	$2.986	$3.096
Georgia	$2.874	$2.878	$2.897	$2.903	$2.711
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.