08
February
2020
|
17:00 PM
America/Chicago

Florida Gas Prices Decline After 6-cent Bump

Retailers likely raised prices to offset the cost of new fuel contracts that come with a new month

Florida gas prices are declining again after briefly rising early last week. The state average jumped 6 cents per gallon, Tuesday. However, that increase was cut in half by the weekend.

Florida drivers are now paying an average price of $2.39 per gallon. That's 17 cents less than this year's high, and 2 cents more than this year's low.

Sunday's state average is 2 cents per gallon more than this time last week, and 14 cents more than this time last year.

Last week's increase snapped an 18-day streak of declines for a total discount of 19 cents.

"Retail gas prices increased last week, despite fundamentals that suggested a decline," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Fuel supplies are strong, demand is down, and crude and gasoline futures have remained low. However, retailers likely raised prices to offset the cost of new fuel contracts that come with a new month. Despite the initial bump, pump prices are falling again, and could reach the low $2.30s in the coming weeks."

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($2.52), Miami ($2.45), Gainesville ($2.44)
  • Least expensive metro markets – Pensacola ($2.30), Crestview-Fort Walton Beach ($2.32), Punta Gorda ($2.33)

Find Florida Gas Prices

AAA GAS PRICE AVERAGES
(Price per gallon of regular unleaded gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago

2019 High
(YTD)

2018 High Record High
National $2.435 $2.440 $2.473 $2.600 $2.280 $2.895 $2.97 (5/26/2018) $4.11 (7/17/2008)
Florida $2.391 $2.401 $2.373 $2.518 $2.252 $2.795 $2.92 (5/25/2018) $4.08 (7/17/2008)
Georgia $2.264 $2.270 $2.309 $2.463 $2.139 $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.