Florida Gas Prices Fall, on Average, Below $4 a Gallon for the First Time in Five Months

AAA released a report this week showing, for the first time since early March, the average gallon of gas in Florida costs below $4 a gallon.

According to the report, the average gallon of gas in Florida cost $3.93 on Sunday, down 17 cents from the start of last week. Across the nation, the average gallon of gas cost $4.22 on Sunday, down from $4.37 at the start of last week.

“The average full tank of gas now costs about $14 less than it did when pump prices were at their peak in mid-June. At that time, when the state average was $4.89 per gallon, drivers paid $73 to fill an average 15-gallon tank of gas. Now, that same 15-gallon tank costs around $59,” AAA noted.

“After paying almost $5 a gallon just a couple months ago, Florida drivers are likely breathing a sigh of relief when seeing gas prices back below $4 a gallon,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group, on Sunday. “However, it’s too early to tell just how long these sub-$4 gas prices will hang around. Oil and gasoline futures prices made notable gains last week. This could cause falling gas prices to level out or potentially increase, but it’s too early to tell.”

As Jenkins noted, oil prices rose last week, moving up 4 percent with U.S. crude standing at $98.62 a barrel at the end of last week.

The West Palm Beach-Boca Raton area had the most expensive gas in the state with an average of $4.18 a gallon, followed by Naples at $4.13 and Fort Lauderdale at $4.04.

The Crestview-Fort Walton Beach area had the least expensive gas in the state with an average of $3.70 a gallon, followed by the Melbourne-Titusville market at $3.74 and the Villages at $3.75 a gallon.

Kevin Derby
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