Pump prices average 1-cent less than a week ago
Florida gas prices are slightly lower than a week ago. The state average price for gasoline is $2.83 per gallon. That’s one cent less than this time last week.
"Gas prices have held relatively steady through the first half of April," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "However, some upward pressure appears to be moving back into the market, which could affect prices at the pump. Oil prices jumped 6% last week, in hopes that demand will continue to grow due to increased COVID-19 vaccinations, lower jobless claims in the U.S. and rising consumer sentiment."
The price of U.S. crude oil bounced back up to $63 per barrel this week, after trading at around $59/b the week before. The highest daily price for U.S. crude oil this year has been $66.09/b.
The state average price for gasoline remains about 8 cents less than the highest price so far this year ($2.91). Sunday’s price is 5 cents more than what drivers paid this time two years ago. This time in 2020, gas prices averaged $1.82 per gallon because the pandemic severely deteriorated driving demand.
Although U.S. gasoline demand has shown significant improvement compared to last year, it remains below pre-pandemic levels. The latest demand figures from the EIA shows a 76% improvement from this time last year. However, current demand numbers are 5% below this same time in 2019.
- Most expensive metro markets – West Palm Beach-Boca Raton ($2.96), Tallahassee ($2.90), Panama City ($2.90)
- Least expensive metro markets – Punta Gorda ($2.75), Jacksonville ($2.76), Orlando ($2.77)
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
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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.
About AAA - The Auto Club Group
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 62 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.