Florida Gas Prices Nearing A New Summertime Low

August 19, 2019

Florida gas prices are nearing a new summertime low. Sunday’s average price of $2.427 per gallon is one-tenth of a cent above the current low, set back in June.

On average, Florida drivers have paid nearly 20 cents per gallon less than last summer. Since Memorial Day, gas prices have averaged $2.56 per gallon. The highest price this summer was $2.70 per gallon in July; 21 cents per gallon less than the highest price last summer. The highest daily average price so far this year was $2.80 per gallon, in April.

The average price per gallon Sunday in Escambia County was $2.43. At least two Cantonment stations were at $2.24 a gallon Sunday night.

Compared to all other states in the U.S., Florida has the 14th lowest daily average price. It also had the second-largest monthly decline of any other state (-27 cents), and the fourth-largest yearly decline of (-34 cents).

“Florida drivers continue to benefit from oil prices that remain lower than last year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Fortunately, the highest gas prices of the year, are likely far behind us. As long as economic and global demand concerns continue, it’s unlikely drivers will see a significant jump at the pump anytime soon.”

Comments

One Response to “Florida Gas Prices Nearing A New Summertime Low”

  1. Good cents on August 19th, 2019 12:26 pm

    Woo, Hoo! It’s $2.15 in Canoe, Al!

Written by William Reynolds · Filed Under News