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Florida Gas Prices Rise; Escambia Area Cheaper Than Most Of The State
August 13, 2018
Gas prices in Florida rose 6 cents last week, then declined a penny over the weekend.
The state average of $2.81 per gallon is the 22nd-lowest in the nation. Although pump prices remain about the same as last month, Florida motorists are paying nearly 50 cents more than this time last year.
A gallon of gas averaged $2.79 on Sunday in Escambia County, a full 50 cents more than one year ago. Escambia County was just a penny above the cheapest average in the state — $2.78 in Fort Myers, Punta Gorda and Jacksonville. The most expensive average price was $2.89 in West Palm Beach.
“Strong demand pushed gas prices higher in some states last week, as families squeeze in one final vacation before the kids go back to school,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “However, the most recent figures from the EIA show gasoline demand is beginning to slip, which relieves some of that upward pressure on prices at the pump.
“Traditionally, gas prices decline in the second half of the year, due to lower demand,” Jenkins continued. “However, oil analysts forecast significant volatility in the oil market through the end of the year, leaving a big question mark for the long-term direction of prices at the pump.”
Comments
3 Responses to “Florida Gas Prices Rise; Escambia Area Cheaper Than Most Of The State”
The folks paying ten bucks a gallon do not have the world’s largest known energy sources. America is producing oil and gas at record numbers as the supply has grown many fold over pre fracking days, yet as the world economy heats up, world consumption heats up and that demand causes prices to go up in a global economy. I am happy that the gas prices are going up because that will make electric cars more valuable and with more low MPG cars on American roads the demand will fall. It used to be twenty years ago Panhandle prices were about the same as KY, TN, and Al, but something changed in those twenty years and we are always higher than those other states.
Americans pay a lot less for gasoline than many nations overseas. Tired of hearing people complain about gas when some nations are paying around 10 bucks.
There goes your wonderful “tax cut”.