Gas Prices Trend Downward Another Week

May 20, 2019

Florida gas prices are declining as 2.3 million Floridians prepare for a Memorial Day weekend getaway, according to AAA.

“If gas prices continue following their current downward trend, drivers could find holiday gas prices that are 30 cents less than last year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “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.”

Florida gas prices are averaging $2.64 per gallon – the lowest daily average price since March. The state average is 7 cents less than a week ago, 11 cents less than last month, and nearly 20 cents less than this time last year. Several stations were below $2.50 in Escambia County.

The average price per gallon Sunday night in Escambia County was $2.61, down from from $2.65 a week ago and $2.69 one month ago.

Pictured: Gas was $2.49 a gallon this weekend in Cantonment. NorthEscambia.com photo, click to enlarge.

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Written by William Reynolds · Filed Under News