Oil prices rebounded amid ongoing global oil supply concerns

17 April 2022

Single Gas Price - 4.01.png

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)

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. 
  • 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

  • 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 $4.080 $4.077 $4.116 $4.289 $2.870 $4.33   (3/11/2022)
Florida $4.005 $4.004 $4.079 $4.280 $2.829 $4.38   (3/11/2022)
Georgia $3.709 $3.709 $3.769 $4.241 $2.708 $4.29   (3/11/2022)
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.

About AAA - The Auto Club Group

The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 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.