Gas Pumps (TFP File Photo)

Rising Oil Prices Could Pressure Florida Gas Prices

Florida gas prices dropped another penny last week, with some drivers finding much deeper discounts at the pump. Although the state average was $3.20 per gallon on Sunday, seven percent of Florida gas stations had pump prices below $3 a gallon.

“January gas prices are often driven down by lower fuel demand. Unfortunately, that downward trend at the pump may soon come to an end,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices shot up last week and that could restore upward pressure in prices at the pump.”

The price of WTI (U.S.) oil rose 5% last week, reaching a 7-week high of $79.46 on Thursday. The increase was mostly due to concerns about how the unrest in Kazakhstan and logistical problems in Libya would hamper global fuel supplies. Friday’s settlement of $78.90 per barrel was $3.69/b more than the week before. The price of oil has increased a total of 11% in the last three weeks.

State Average

  • Sunday’s Avg. Price – $3.20
  • 2021 High – $3.36
  • 2021 Low – $2.19

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.41), Naples ($3.31), Fort Lauderdale ($3.25)
  • Least expensive metro markets – Crestview-Fort Walton Beach ($3.08), Melbourne-Titusville ($3.11), Sebring ($3.12)

Ways to Save on Gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community. 
  • Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle. 
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy. 
  • Ensure your vehicle is properly maintained. An engine tune-up, new air filter and proper tire inflation can all help fuel economy. Visit AAA.com/AutoRepair to find a AAA Approved Auto Repair facility near you. 
  • Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell. Click here for more information.

Find Florida Gas Prices

vcsPRAsset 522440 105553 279a6033 181d 4f41 a971 72bcb183d553 0SundaySaturdayWeek AgoMonth AgoOne Year AgoRecord High
National$3.303$3.304$3.288$3.338$2.309$4.11   (7/17/2008)
Florida$3.197$3.199$3.213$3.278$2.297$4.08   (7/17/2008)
Georgia$3.117$3.119$3.099$3.158$2.151$4.16   (9/15/2008)

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