Florida gas prices declined 9 cents last week. The state average fell from $3.23 per gallon last Sunday to $3.14 per gallon yesterday.
Florida's average gas price is now on a 10-day streak of declines, falling a total of 13 cents per gallon since February 1.
"Florida gas prices have recently followed a cycle where they decline for about two weeks, then shoot back up again," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "That trend, plus a recent uptick in futures prices, will likely lead to a jump at the pump, possibly as early as Monday afternoon."
Crude oil and gasoline futures prices logged strong gains last week. The U.S. price for crude oil rose nearly $5 per barrel last week (+6%). Gasoline futures rose nearly 20 cents per gallon. The increases were attributed to reduced refinery activity, as refineries begin scheduled seasonal maintenance and prepare to switch from winter to summer blend gasoline.
Visit GasPrices.AAA.com to view state and local average gas prices
AAA GAS PRICE AVERAGES |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | |
National | $3.189 | $3.1813 | $3.147 | $3.077 | $3.424 |
Florida | $3.140 | $3.146 | $3.232 | $3.125 | $3.408 |
Georgia | $3.033 | $3.031 | $3.028 | $2.953 | $3.265 |
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 64 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.
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