AAA: Florida Continues to See a Summer With Low Gas Prices

Gas prices continue to remain low in Florida, dropping three cents a gallon over the past week and a half.

AAA released a study showing this week began with the average gallon of gas costing $2.08 in Florida, down two cents from the start of last week. The national average stood at $2.20 a gallon on Sunday.

“Fuel market watchers remain concerned about the overall impact that elevated cases of COVID-19 could have on future fuel demand,” said Mark Jenkins, a spokesperson for AAA and the Auto Club Group. “As a result, wholesale gasoline prices dropped nearly 10 cents last week. This could allow retail pump prices to slip even lower in the coming days.”

“This is shaping up to be the cheapest July at the pump since 2004. So far this month, Florida gas prices have averaged $2.10 per gallon. That’s 13 cents per gallon more than the monthly average price in June 2020, and 29 cents per gallon more than the monthly average in May. Pump prices are higher than recent months, as Floridians returned to the road for the summer,” AAA noted.

The West Palm Beach-Boca Raton area had the most expensive gas in the state with an average of $2.19 a gallon followed by Tallahassee and Gainesville at $2.15 a gallon and Port St. Lucie at  $2.12 a gallon.

Punta Gorda had the least expensive gas in the state with an average of $2.02 a gallon followed by Orlando, the Fort Myers-Cape Coral market and the Tampa-St. Petersburg-Clearwater area which all saw an average of $2.04 a gallon.

 

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