Pump prices could slip lower this week after a drop in wholesale prices
Florida gas prices continued to trickle lower last week. The state average has declined a total of 3 cents in the past 11 days.
"Fuel market watchers remain concerned about the overall impact that elevated cases of COVID-19 could have on future fuel demand," said Mark Jenkins, spokesperson, AAA - The Auto Club Group. "As a result, wholesale gasoline prices dropped nearly 10 cents last week. This could allow retail pump prices to slip even lower in the coming days."
Florida gas prices reached a summertime high of $2.11 per gallon on Independence Day. Since that time, gas prices have mostly faced downward pressure.
The average price for a gallon of gasoline in Florida is now $2.08. That’s 2 cents per gallon less than a week ago, and 61 cents less than this time last year.
This is shaping up to be the cheapest July at the pump since 2004. So far this month, Florida gas prices have averaged $2.10 per gallon. That’s 13 cents per gallon more than the monthly average price in June 2020, and 29 cents per gallon more than the monthly average in May. Pump prices are higher than recent months, as Floridians returned to the road for the summer.
- Most expensive metro markets – West Palm Beach-Boca Raton ($2.19), Tallahassee ($2.15), Gainesville ($2.15), Port St. Lucie ($2.12)
- Least expensive metro markets – Punta Gorda ($2.02), Orlando ($2.04), Fort Myers-Cape Coral ($2.04), Tampa-St. Petersburg-Clearwater ($2.04)
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
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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. ACG and its affiliates provide membership, insurance, banking, financial services, and travel offerings to over 13.5 million members across 13 U.S. states, the province of Quebec and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Carolina, North Dakota, Tennessee, Wisconsin, Puerto Rico, South Carolina and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 60 million members in the United States and Canada whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.