AAA: Gas Prices Surge Higher Across Florida as January Ends

AAA released a report on Monday that showed that gas prices increased, on average, 12 cents a gallon across Florida in the past week.

On Sunday, the average gallon of gas in Florida cost $3.35, just under the national average of $3.36 a gallon. At the start of last week, the average gallon of gas in Florida cost $3.23.

AAA pointed to higher crude oil prices.

“The effects of rising oil prices are now beginning to be felt at the pump,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group. “Crude oil prices have risen early and often in 2022. The price of crude has already surpassed last year’s highs, driven by ongoing concerns that global oil supplies will struggle to keep up with soaring demand in 2022. Unfortunately for drivers, it doesn’t seem that oil prices will see any significant relief anytime soon. Gas prices may only get more expensive as fuel demand increases because of spring break and summer road trips.”

“So far this year, the U.S. price for crude oil surged 15 percent,” AAA noted. “Wednesday’s daily settlement of $87.35 per barrel was a new 2022 high, and nearly $3 per barrel more than the 2021 high.”

The West Palm Beach-Boca Raton area had the most expensive gas in Florida with an average of $3.49 a gallon followed by Port St. Lucie and Naples which both saw an average of $3.38 a gallon.

The Crestview-Fort Walton Beach area had the least expensive gas in the state with an average of $3.19 a gallon followed by Panama City at $3.22 a gallon and Pensacola at $3.24 a gallon.

Send via Gmail, Yahoo, Outlook, Text