Florida Gas Prices On The Decline Again

January 21, 2020

Florida gas prices are declining again after jumping 7 cents last week.
Florida drivers are paying an average of $2.52 at the pump. The state average is 4 cents more than a week ago, 10 cents more than a month ago, and 29 cents per gallon more than this time last year. Despite the recent volatility at the pump, drivers are still paying nearly 30 cents per gallon less than last year’s high of $2.80.

The average price per gallon Monday night in Escambia County was $2.43, while two gas stations in Cantonment were at $2.32.

“The sudden, but brief jump at the pump came as a surprise, considering wholesale prices remained low last week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Gasoline supplies are soaring, reaching the highest level in almost a year. That combined with low fuel demand should help restore downward pressure on prices at the pump.”

NorthEscambia.com photo, click to enlarge.

Comments

One Response to “Florida Gas Prices On The Decline Again”

  1. Charlie on January 21st, 2020 10:19 pm

    Remember WAY back in the early 70s, when we were supposedly running out of gas, they jacked up the prices, & you got to get a certain amount, & going by your license plate number, which day you could get it? Are we not EXPORTING gasoline & oil products now? Why the price differences & changes due to whatever crisis is going on in the Middle East or China, or North Korea? Doesn’t seem like that should affect us, if we now export. Refinery fires or problems maybe.