Florida gas prices 

Florida Gas Prices Drop 7 Cents; Oil Goes Up

Florida gas prices skyrocketed last week to the highest levels in a decade. Prices at the pump rose an average of 44 cents per gallon in the last five days, reaching an average price of $3.97 on Sunday. 

Florida gas prices dropped another 7 cents last week. The state average has now declined nearly 25 cents per gallon over the course of a little more than two weeks. 

On Sunday, the average price for gasoline in Florida was $4.01 per gallon. That’s 27 cents less than a month ago, and the lowest price since Russia invaded Ukraine. 

“Gas prices have mostly declined through the past two weeks, but don’t be surprised if they rebound soon,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The price of oil jumped 8% last week, on reports that the European Union is preparing to ban Russian oil imports, which fuels ongoing concerns about global oil supplies. The crude increase could ultimately lead to an increase of 10 cents or more at the pump.”

Fuel Price Overview

  • Sunday’s Florida Avg. – $4.01 per gallon
  • Lowest Since  March 7, 2022
  • Avg. Cost for a Fill-Up – $60 for a 15-gallon tank ($18 more than this time last year)
  • 2022 High – $4.38 per gallon (March 11)
  • 2021 High – $3.36 per gallon
  • 2022 U.S. Oil Price High – $123.70 (March 8)
  • 2021 U.S. Oil Price High – $84.65 per barrel

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($4.23), Fort Lauderdale ($4.11), Miami ($4.09)
  • Least expensive metro markets – Crestview-Fort Walton Beach ($3.84), Pensacola ($3.86), Melbourne-Titusville ($3.89)

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