With the highest gas prices seen in March over the last five years now over, the average gallon of gas in Florida cost $2.75 on Sunday, up 13 cents more than a week ago and almost 30 cents higher than a month ago.
While gas prices are the lowest they have been in Florida for four months, AAA expects prices at the pump to start going up again this week thanks in large part to a surge in crude oil prices which increased almost $5 a barrel last week.
“State officials say most - if not all - Florida gas stations have gasoline again. Late last week, Floridians swarmed the pumps, topping off their tanks and filling gas cans in preparation for Hurricane Dorian. The surge in demand left many gas stations on empty, but it appears things have stabilized,” AAA noted on Tuesday morning.
AAA released a study on Monday showing the average gallon of gas in Florida cost $2.40 at the start of the week, down four cents from the week before.
While the average American is paying 27 more cents a gallon than they did at this time last year, gas prices continue to slip in the Sunshine State despite a rise in the price of oil.
Towards the end of last week, freshman U.S. Rep. Ross Spano, already expected to be a top target for Democrats come 2020, announced his committee assignments.
U.S. Rep. Brian Mast, R-Fla., has been pushing for this funding for more than a year.
According to the Oil Price Information Service, while one refinery shut down on a precautionary basis, most of the refineries in Louisiana were not hurt by Tropical Storm Barry even as 73 percent of production in the Gulf of Mexico was temporarily stopped. However, evaluations are still ongoing.
After rising across Florida in the aftermath of drone attacks on oil facilities in Saudi Arabia, gas prices across the state have slipped, moving down in the past week.
With almost 40 million Americans hitting the road for the Independence Day holiday, AAA is warning they will find gas prices more than 50 cents higher than last year.