Risings Gas Prices Expected To Reverse Course

May 29, 2018

Motorist in Florida should soon catch a break from rising gas prices, according to AAA.

Gas prices in Florida increased eight cents during the past week. The state average on Memorial Day was $2.91 – the most expensive for the holiday since 2014, when the average price was $3.62.

The average price per gallon in Escambia County was $2.89 on Monday.

“This news couldn’t come at a better time, as motorists roll into the summer driving season,” said Mark Jenkins, spokesman, AAA. “The drop in crude should amount to a discount of at least 10 cents at the pump, in the short term. Yet that will not happen overnight. Retailers are usually slow to lower prices, especially those who bought shipments of gasoline when prices were at a premium.”

Florida motorists are paying 60 cents more per gallon than a year ago. It now costs $44 to fill an average size tank of gasoline – an increase of nearly $10 from this time last year.

Comments

10 Responses to “Risings Gas Prices Expected To Reverse Course”

  1. Charlie Mike on May 29th, 2018 10:40 pm

    Now that they’ve gouged all the Memorial Day weekend travelers, they can let up on the gas, pun intended. This is SOP, every year. One year everyone should just stay home.

  2. William on May 29th, 2018 5:36 pm

    >>>I saw on WEAR TV news the other day that Florida gas prices are highest in Escambia and Okaloosa County and West Palm Beach.

    Not currently the case. See story above….average is $2.91 and Escambia County/Pensacola is $2.89 – that’s below average.

  3. Bewildered on May 29th, 2018 4:43 pm

    Mississippi has great gas prices, 3.55 a gallon.

  4. Grand Locust on May 29th, 2018 4:25 pm

    pay me now or pay me later……so you think the state of Florida got reimbursed for environmental damage caused by the BP spill…….sorry since the spill I have seen historic price comparisons with KY and TN which shows that Florida has been paying higher prices for gas than historic comparisons…..they will pollute our waters and rip our wallets from our hands, and nobody is reporting the truth…..we are paying relatively high gas prices which have not lowered compared to other states where we we had similar pricing. Where is the leadership for the state of Florida, or are all of them bought and paid for……..

  5. DCP on May 29th, 2018 2:56 pm

    I saw on WEAR TV news the other day that Florida gas prices are highest in Escambia and Okaloosa County and West Palm Beach. Would someone please investigate and tell us WHY our gas prices are so high? If we are one of the poorest counties in the state, why are we paying so much more for gas? It doesn’t make sense. Thank you.

  6. ML on May 29th, 2018 2:17 pm

    No Sam, it’s everywhere. I just returned from Virginia and the gas prices there averaged $3.12 per gallon.

  7. buyitinAL on May 29th, 2018 1:45 pm

    I do not use Stations in FL unless I have to. I visit Atmore a couple of times a week and it’s usually about 20¢ cheaper up there than in Cantonment and 30¢ cheaper than in Pensacola. I fill up while there. Thank your local Tax chieftans for that. Oh and the slow drop in prices…yeah, I love the magic trick they pull every now and then. It “magically” goes up when oil rises, same day…but “magically” takes weeks to go back down. My Foot!

  8. anne 1of2 on May 29th, 2018 11:38 am

    Let them say a huge storm is on its way and watch the price of gas creep up overnight, every night. It is what they do. Ivan was my favorite. $2.17 the day before. $3.17 the day after. I have photos of this, at a very well known Gas station. We have enough oil to support this country, but our millionaires want profit from other countries while keeping us broke. No blue ribbons should be handed out.

  9. retired on May 29th, 2018 9:22 am

    Yup the price jumps up over nite, but creeps down over weeks.

    Need to build more refineries and drill for that oil in the north. STOP BUYING OVER SEAS.

  10. Sam on May 29th, 2018 5:47 am

    Florida residents are ripped off repeatedly. Compare prices on most of the things we use. Pitiful.

Written by William Reynolds · Filed Under News