Florida Gas Prices Hold Steady After 8-Cent Hike

December 2, 2019

Florida gas prices are holding steady after rising early last week eight cents per gallon.

Florida drivers are now paying $2.43 per gallon, while Escambia County drivers are facing an average of $2.39 at the pump. In Cantonment, one station was as $2.30 Sunday night.

“Despite the increase, travelers still found the lowest Thanksgiving gas prices in three years,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Pump prices should point lower this week, based on what happened in the crude oil market, Friday. The price of crude plummeted $3 per barrel, due to ongoing tensions between the U.S. and China, and concerns that  OPEC production cuts for 2020 will be unable to balance global supply and demand. Unless the energy market bounces back this week, drivers should notice a 5-10 cent drop at the pump in the next week or two.”

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Written by William Reynolds · Filed Under News