May 5, 2024

Average Gas Prices Top $5 in Parts of Florida

The average price of a gallon of regular unleaded gasoline has topped $5 in parts of South Florida, while statewide prices hit another record Monday at $4.89, according to the AAA auto club.

The average price in the West Palm Beach and Boca Raton area was nearly $5.02. Statewide average prices were up 13 cents a gallon from last week and 42 cents from last month.

“This is some unprecedented pain at the pump that we are seeing,” AAA spokesman Mark Jenkins said. “We are setting new records and not in a good way.”

The national average for a gallon of regular unleaded was $5.01 on Monday. Jenkins said drivers shouldn’t expect prices to go down anytime soon.

“We just don’t know what the next month holds, let alone what things are going to be like next week,” he said. “So, the fuel market is extremely unstable right now. It’s very volatile.”

While the highest prices in Florida were found in the West Palm Beach and Boca Raton area, the least-expensive gas was in the Fort Walton Beach and Pensacola areas of Northwest Florida.

Tags: News Service of Florida

Florida Business News

Florida News Releases

Florida Trend Video Pick

Watch how the climate apprentices protect Miami-Dade's native habitats
Watch how the climate apprentices protect Miami-Dade's native habitats

Between the White House launching the nascent American Climate Corps program and Miami-Dade County seeking $70M to bankroll climate technology careers, the “green jobs” industry in South Florida finally shows signs of taking off.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.