With around 2 million Floridians planning to hit the highways this Memorial Day weekend, gas prices in the Sunshine State continue to drop.
AAA released a study on Monday showing gas prices stood at $2.64 a gallon on average across Florida, down from $2.71 the week before and considerably below the national average of $2.85 a gallon. That’s down around 11 cents from last month and almost 20 cents lower than this time last year.
Mark Jenkins, a spokesman for AAA and the Auto Club Group, weighed in on the price drops at Florida gas stations on Monday morning.
“If gas prices continue following their current downward trend, drivers could find holiday gas prices that are 30 cents less than last year,” said Jenkins. “A 30-cent discount would mean Memorial Day drivers will spend $4.50 less on a full tank compared to last year. However, there’s still a chance that gas prices reverse course. In addition to an anticipated surge in demand, oil and wholesale gasoline prices inched higher last week, which could directly result in a 3-5 cent increase at the pump.”
The West Palm Beach-Boca Raton market had the most expensive gas in Florida at $2.75 a gallon followed by Panama City at $2.73 a gallon and Miami at $2.72 a gallon.
Punta Gorda had the least expensive gas in Florida with an average of $2.57 a gallon in that area followed by the Tampa-St. Petersburg-Clearwater market and Orlando where prices averaged $2.58 a gallon. Last week, AAA released a report which showed Orlando is the top tourist destination in America for the Memorial Day weekend.
Kevin Derby can be reached at Kevin.Derby@floridadaily.com.