Florida Gas Prices Increase Over The Last Week

February 8, 2021

Florida gas prices took a jump last week, rising an average of 11 cents, according to AAA.

Florida drivers are now paying an average price of $2.49 per gallon.

The average price per gallon was $2.40 in Escambia County, six cents more than last week. Sunday night’s low price in North Escambia was $2.33 at one station on Highway 29 in Cantonment, while a low of $2.25 could be found on North Palafox Street in Pensacola.

Prices at the pump are now the most expensive in more than a year. The state average is now the highest since January 2020. During that time, the price of crude was sitting at the same level it is now.

Crude oil prices have also bounced back to pre-pandemic levels. The price for U.S. crude rose to nearly $57 per barrel on Friday; the most expensive oil price since January 2020. Friday’s settlement of $56.85/b is $4 per barrel more than the week before. A 9% shift like that would typically lead to a 10 cent shift at the pump, as a higher oil price raises the cost for producing gasoline.

Comments

8 Responses to “Florida Gas Prices Increase Over The Last Week”

  1. Stumpknocker on February 12th, 2021 1:28 pm

    @ Bonnie, there is 3 ways I know of to get to Bucees, through magnolia springs, interstate 10 or hwy 90.

  2. Bewildered on February 9th, 2021 9:05 pm

    That’s what we the people wanted and got: Democrats back in charge – enjoy!

  3. tax payer on February 8th, 2021 9:22 pm

    Thanks to the fed currency devaluation, the dollar is the new penny. We now have $35 plywood. Should see $5 bread and $8 gas soon.

  4. Bonnie on February 8th, 2021 12:34 pm

    Thomas, how do you go the back way?

  5. CHARLIE ODOM on February 8th, 2021 11:19 am

    Well…did anyone expect anything less from a Biden Administration?

    Prepare for it to hit record highs during his first term! Expect well over 4 bucks a gallon!

  6. Jim on February 8th, 2021 8:47 am

    Thanks a lot, Biden.

  7. Thomas Andrews on February 8th, 2021 8:46 am

    Always get my gas at Buccees anyway,alot cheaper , especially when your talking 30 or so cents a gallon difference ,that adds up when your filling up .Yes I drive a few minutes to go there ,but it not that far and only takes me a few minutes to get there going the back way.

  8. Stumpknocker on February 8th, 2021 6:22 am

    Lol just the very beginning of Biden wreaking America, hold on because it’s gonna get a lot worse, not just with fuel but everything else as well.