Florida Gas Prices Slip Lower

June 11, 2018

Gas prices in Florida declined nearly six cents last week. The state average of $2.80 per gallon is the lowest daily price since early May, according to AAA.

Since peaking at $2.92 on May 25, gas prices have declined 16 consecutive days for 11 cents. Despite the recent discount, motorists are still paying 46 cents per gallon more than this time last year.

The Escambia County area average was $2.81 per gallon. One year ago, the local average was $2.31.

“Gas prices could drop another five cents this week, unless the market suddenly shifts course,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Prices at the pump are still adjusting to the recent drop in oil and wholesale gasoline, due to the potential of increased crude output from OPEC. However, there is still volatility in the market, and pump prices could move higher if OPEC decides against easing production cuts at a meeting later this month.”

Comments

2 Responses to “Florida Gas Prices Slip Lower”

  1. Ronnie Morris on June 12th, 2018 7:20 pm

    Some one needs to tell marathon in century gas is in decline one week ago they jumped to 2′95 a gallon while pit stop down the road is 2′89 a gallon pure regular no ethanol seems a little backwards

  2. David mcghee on June 11th, 2018 1:34 pm

    I think someone forgot to tell the gas stations in Atmore that the price of oil has dropped, please jetpep or somebody give them competition

Written by William Reynolds · Filed Under News