Strong fuel supplies and falling demand have kept downward pressure on pump prices
Florida gas prices slipped even lower last week. The state average declined another 3 cents, dropping to $2.10 per gallon; though prices are closer to $2 or below at various filling stations.
Pump prices have steadily declined the past 23 consecutive days. During that time, the state average dropped 10 cents.
Florida’s average price of $2.10 per gallon is the lowest since August 31. Pump prices are 36 cents per gallon less than this time last year.
Gas prices are following their seasonal trend of declining during the fall," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "With summer over and school back in session, Americans typically begin to cutback on road trips. The combination of lower fuel demand and strong gasoline supply levels is keeping downward pressure on prices at the pump."
Gasoline demand is 9 percent lower than a year ago, according to weekly fuel data from the Energy Information Administration. Meanwhile, gasoline supplies are holding steady at nearly 5 percent higher than this time last year.
- Most expensive metro markets – West Palm Beach - Boca Raton ($2.23), Port St. Lucie ($2.16), Panama City ($2.15)
- Least expensive metro markets – Punta Gorda ($1.97), Orlando ($2.04), Jacksonville ($2.05)
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 60 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.