03
September
2023
|
17:00 PM
America/Chicago

Florida Gas Prices Fell 17 Cents in Two Weeks

Labor Day gas prices were the most expensive since 2012

Single Gas Price - 3.70.png


Florida gas prices have followed a downward trend through the past two weeks. During that time, the state average declined 17 cents per gallon.

On Monday, the state average price for regular gasoline was $3.70 per gallon. That was almost 20 cents more than what drivers paid on Labor Day, last year.

"Although gas prices have recently declined, Florida drivers paid the most expensive Labor Day gas prices since 2012," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Where pump prices go from here is unclear, because oil and gasoline futures prices are moving in opposite directions."

Gasoline futures dropped by nearly 20 cents last week, as summer blend gasoline leaves the market and expectations are that fuel demand will move lower after Labor Day. Conversely, the U.S. price of oil jumped to a new 2023 high. Friday's closing crude price of $85.55 per barrel was 7% higher than the week before and the most expensive daily settlement since December. The upswing is attributed to reports that Saudi Arabia would likely extend its 1 million b/d production cuts through October, which would contribute to continued tightness in global oil supplies.

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.85), Naples ($3.80), Gainesville ($3.79)
  • Least expensive metro markets – Pensacola ($3.47), Crestview-Fort Walton Beach ($3.47), Panama City ($3.52)

Ways to Save on Gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community.
  • Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.

AAA Resources for Drivers

  • Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 30 cents per gallon on their first fill-up and 5 cents per gallon each additional trip to the pump. Click here for more information.
  • Get a tune-up. Ensure your vehicle is properly maintained to optimize its fuel economy. Visit AAA.com/AutoRepair to find a certified repair shop.
  • Find the lowest gas prices in your area by using the free AAA mobile app.
  • Determine anticipated fuel costs for your trip by using the AAA's Gas Cost Calculator.

Find Florida Gas Prices

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

Sunday Saturday Week Ago Month Ago One Year Ago
National $3.813 $3.812 $3.819 $3.831 $3.789
Florida $3.679 $3.682 $3.702 $3.843 $3.535
Georgia $3.600 $3.604 $3.574 $3.664 $3.336
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 with more than 13 million members across 14 U.S. states, the province of Quebec and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 62 million members in the United States and Canada. AAA's mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.