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

TAMPA BAY

$2.31 per gallon

AAA: TAMPA BAY GAS PRICES ARE LOWEST OF THE YEAR

Thanksgiving Gas Prices Will Average 15 Cents Less than Last Year’s Holiday 
 

TAMPA, Fla., (November 20, 2018) — Motorists in the Tampa Bay area have one more reason to be thankful 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 53 consecutive days, delivering a total discount of 50 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 are hitting the road for the holidays," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "The average motorist in Tampa Bay will save about $7.50 for a full tank of gas, versus 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 added 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 $2.29 per gallon in Tampa Bay; a 15-cent discount from last year’s holiday.

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)
Tampa Bay $2.312 $2.323 $2.387 $2.685 $2.456 $2.31 (11/20/2018) $2.91 (5/25/2018) $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.