Despite around 5.5 million Floridians traveling for the holidays, gas prices in the Sunshine State continues to drop.
AAA released a study which showed the average gallon of gas cost $2.42 a gallon on Sunday. That’s below the national average of $2.55 a gallon and a drop of four cents from a week ago.
“Although the state average is four cents less than a week ago, gas prices remain five cents more than last month and 18 cents more than this time last year. During the past few years, Florida gas prices on Christmas Day averaged $2.21 in 2018, $2.35 in 2017, and $2.32 in 2016,” AAA noted.
“Elevated oil prices and issues at a massive Gulf Coast refinery are preventing prices at the pump from falling as fast as they did this time last year,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group. “As a result, year-end holiday gas prices are poised to be the most expensive in five years. But that’s unlikely to slow travelers down, because current prices are around the same level as a month ago – when most travel plans were finalized.”
The West Palm Beach-Boca Raton market had the most expensive gas in the state at $2.55 a gallon followed by the Sebastian-Vero Beach area and Gainesville which both saw an average of $2.50 a gallon.
The Tampa-St. Petersburg-Clearwater area had the least expensive gas in Florida with an average of $2.32 followed by Orlando at $2.35 a gallon and Punta Gorda at $2.37 a gallon.