AAA: ‘This Will be the Most Expensive Independence Day at the Gas Pump in Seven Years’

With almost 2.6 million Floridians ready to travel for the Independence Day weekend–2.4 million of them by car–AAA noted that this is the most expensive start of July in seven years when it comes to buying gas.

The average gallon of gas in Florida cost $2.94 on Sunday, the same as the start of last week but below the national average of $3.10 a gallon.

“This will be the most expensive Independence Day at the gas pump in seven years,” said Mark Jenkins, a spokesman for  AAA and the Auto Club Group. “Gas prices have shot up this year, as global fuel demand recovers from the pandemic faster than supplies. Even still, Americans are eager to travel and higher gas prices are unlikely to deter them from taking a trip. If anything, it’s likely that travelers will offset the added expense by budgeting less on lodging or dining out.”

“The price this Independence Day will be nearly a dollar more than last year. Pump prices last year were severely depressed due to low demand because of the pandemic. In 2019, holiday travelers paid an average price of $2.68,” AAA noted.

Panama City had the most expensive gas in the state with an average of $3.08 a gallon followed by the West Palm Beach-Boca Raton area at $3.07 a gallon and Tallahassee at $3.03 a gallon.

Punta Gorda had the least expensive gas in the state at $2.86 a gallon followed by Orlando at $2.and the Fort Myers-Cape Coral area at $2.89 a gallon.

 

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