Florida Gas Prices Inch Lower After Six Cent Jump

August 9, 2021

Florida gas prices are inching lower after setting a new 2021 high last week. The state average jumped nearly six cents per gallon, briefly reaching $3.03 per gallon. By Sunday, the state average inched once-cent lower.

The state average of $3.02 per gallon is five cents per gallon more than a week ago and one-cent per gallon more than a month ago.

The average per gallon of regular unleaded was $3.03 Sunday night in Escambia County. A North Escambia low of $2.94 could be found at a station on Highway 29 in Cantonment, while Pensacola prices bottomed out at $2.82 at a Nine Mile Road store.

“Gas prices jumped early last week because of lower gasoline supplies and a weaker dollar,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “However by the end of the week, futures prices dropped 8% on a stronger dollar and concerns about how the spread of COVID-19 could curb global fuel demand. If sustained, lower futures prices would enable gas prices to slip lower this week.”

NorthEscambia.com file photo, click to enlarge.

Comments

One Response to “Florida Gas Prices Inch Lower After Six Cent Jump”

  1. concerned on August 9th, 2021 5:57 am

    with the holidays upon us and all the money the government has shelled out I’m sure the price at the pump will soon jump up to around $6 a gallon right along with milk $6 a gallon and bread $6 a loaf. next sugar and coffee will be at a all time high.