NAVIGATION

February 15, 2019

Florida gas prices fall again after 8-cent hike

| 2/11/2019

Gas prices in Florida are declining again, after rising 8 cents two weeks ago. Florida gas prices have fallen an average total of 5 cents in the past 10 days. After reaching nearly $2.30 per gallon, the state average is now $2.25/g; 3 cents less than this time last week.

Florida now ranks 23rd for most expensive gas prices among all 50 states and the District of Columbia. Despite hovering above $2.20 per gallon during the past 26 days, the state average remains 40 cents less than this time last year.

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

  • Most expensive gas price averages: West Palm Beach-Boca Raton ($2.35), Panama City ($2.35), Naples ($2.29)
  • Least expensive gas price averages: Pensacola ($2.18), Jacksonville ($2.21), Punta Gorda ($2.21)

Gas prices around the United States rose an average of 2 cents, during the past week. The national average price for regular unleaded is $2.28 per gallon.

“Drivers continue to find gas prices that are well below what they paid this time last year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Low oil prices have helped keep gas prices relatively low, so far this year. However, prices should bounce higher this spring, as demand climbs and refineries switch to a more expensive-to-produce summer-blend gasoline. AAA forecasts the national average to peak around $2.75 per gallon by Memorial Day weekend.”

Crude oil prices trended lower last week. The US benchmark WTI settled at $52.64 per barrel on Friday – $2.62 per barrel less than the week before. This was the first weekly decline in crude oil prices in five weeks. Concerns reemerged late last week, that the ongoing US-China trade war could slow global demand. This overshadowed optimism in the market that OPEC cuts and sanctions against Venezuela exports are helping to balance global supplies. So far this year, the highest daily settlement of WTI was $55.26 per barrel on February 1.

Gas Price Tools

Sunday Saturday Week Ago Month Ago One Year Ago 2018 High Record High
National $2.278 $2.280 $2.257 $2.235 $2.583 $2.97 (5/26/2018) $4.11   (7/17/2008)
Florida $2.248 $2.252 $2.284 $2.119 $2.650 $2.92 (5/25/2018) $4.08   (7/17/2008)
Georgia $2.137 $2.139 $2.142 $2.045 $2.463 $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 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 9.8 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.

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