20 November 2018

  NEWS RELEASE

                                 

    MEDIA CONTACT:

Mark Jenkins, AAA spokesman, The Auto Club Group,
office: (813) 288-7906, mobile (850) 532-0730, 
MAJenkins@AAASouth.com

ORLANDO

$2.34 per gallon

AAA: ORLANDO GAS PRICES ARE LOWEST OF THE YEAR

Orlando Gas Prices Will Average 10 Cents Less Than Thanksgiving Day 2017
 

ORLANDO, Fla., (November 20, 2018) — Motorists in Orlando have one more thing to be thankful for this week. The average price for gasoline is now $2.31 per gallon, which is the lowest daily average of 2018.

The metro average has declined for the past 55 consecutive days, delivering a total discount of 46 cents. The downward pressure on prices at the pump is the result of robust oil production and global supplies, which has caused oil prices to plunge by 25 percent. 

"This is welcome news for motorists who will be in Orlando for Thanksgiving," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "The average motorist will save about $7 for a full tank of gas, compared what they paid more than a month ago. This means more money in people’s pockets to spend on gifts, hotels, and dining out. These low pump prices may also be extra incentive for undecided travelers to take a last minute trip this Thanksgiving."

AAA forecasts 2.8 million Floridians will travel 50 miles or more for Thanksgiving. Of those, 2.5 million will drive. Gas prices on Thanksgiving Day, will average around $2.32 per gallon in Orlando; a 10-cent discount from Thanksgiving Day 2017.

Orlando gas prices were their highest in May, when prices at the pump averaged $2.90 per gallon. Compared to that, motorists are now saving 59 cents; the equivalent of nearly $9 for a full tank of gas.

Thanksgiving Travel Volumes
  • Total Travelers
    • 54.3 million Americans
    • 2.8 million Floridians
  • Automobile Travelers
    • 48.5 million Americans
    • 2.5 million Floridians
Thanksgiving Day Gas Price History
  2013 2014 2015 2016 2017 Forecasted Price
National $3.28 $2.80 $2.05 $2.13 $2.52 $2.59
Florida $3.46 $2.79 $2.08 $2.10 $2.47 $2.46
Ft. Myers $3.53 $2.83 $2.02 $2.02 $2.43 $2.41
Jacksonville $3.40 $2.73 $2.03 $2.04 $2.42 $2.35
Miami $3.49 $2.86 $2.20 $2.22 $2.57 $2.63
Orlando $3.45 $2.75 $2.01 $1.99 $2.42 $2.32
Tampa Bay $3.44 $2.70 $2.01 $2.00 $2.44 $2.29

Click here to view AAA’s state and metro gas price averages

                                                                 CURRENT AND PAST PRICE AVERAGES

                                                                                     Regular Unleaded Gasoline

Sunday Saturday Week Ago Month Ago One Year Ago 2018 Low 2018 High Record High
National $2.612 $2.624 $2.678 $2.855 $2.533 $2.49   (1/3/2018) $2.97 (5/26/2018) $4.11   (7/17/2008)
Florida $2.480 $2.492 $2.549 $2.760 $2.485 $2.44   (1/2/2018) $2.92 (5/25/2018) $4.08   (7/17/2008)
Orlando $2.341 $2.356 $2.419 $2.682 $2.440 $2.34 (11/20/2018) $2.90 (5/24/2018) $4.01 (7/16/2008)
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 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, financial services and travel offerings to over 9.6 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico 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 59 million members in the United States and Canada and 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.