The state average dropped 8 cents last week; Additional discounts are expected this week
Florida gas prices have fallen to the lowest level so far this year. The state average dropped 8 cents last week and should slip even lower in the coming days.
Florida drivers are paying an average of $2.45 per gallon at the pump. The state average has declined a total of 11 cents in the past 10 days.
"It took almost the entire month, but gas prices are finally beginning to follow a more traditional trend of declining in January," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "With the holiday travel season in the rear view and temperatures turning colder, Americans are not driving as much as they did a month ago. The lower demand has allowed gasoline stocks to swell. Wholesale prices have reached a low that - if they hold - could drag the state average below $2.35 in the next 10 days."
Despite the recent decline, the state average remains 22 cents per gallon more than this time last year. The difference amounts to an additional $3 for a full 15-gallon tank of gas. That difference could soon begin to narrow as crude oil prices move more in line with last year’s levels.
Friday, WTI crude settled at $54.19 per barrel. The daily settlement is $4/b less than the week before and only 50 cents more than this time last year.
- Most expensive metro markets – West Palm Beach-Boca Raton ($2.59), Sebastian-Vero Beach ($2.53), Port St. Lucie ($2.51)
- Least expensive metro markets – Punta Gorda ($2.36), Tampa-St. Petersburg-Clearwater ($2.38), Pensacola ($2.38)
Fast Florida Facts
- Florida has the 25th lowest state average in the U.S. ($2.45)
- Florida had the largest weekly discount of any other state in the U.S. (8 cents)
- Florida drivers are now paying the lowest gas prices of 2020
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
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||
|2018 High||Record High|
|National||$2.521||$2.526||$2.550||$2.550||$2.268||$2.895||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Florida||$2.447||$2.459||$2.525||$2.453||$2.231||$2.795||$2.92 (5/25/2018)||$4.08 (7/17/2008)|
|Georgia||$2.372||$2.378||$2.406||$2.386||$2.168||$2.735||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|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. 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.