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Florida Gas Prices Near Steady Over The Past Week
October 18, 2021
Florida gas prices were near steady over the past week, but AAA says an increase could be on the way.
The state average of $3.18 per gallon is a half-cent more than this time last week.
The Escambia County average stood at $3.19 Sunday night. A North Escambia low of $3.15 could be found at two Cantonment stations.
Although gas prices held relatively steady last week, another increase could be on the way. Crude and gasoline futures prices rose again last week, setting new 2021 highs. The price of U.S. crude increased 4% last week. Friday’s settlement of $82.28 per barrel was $3 per barrel more than the week before. Meanwhile gasoline futures prices increased 12 cents on the NYMEX. Wholesale gasoline prices reached a level that — if sustained — could drag the state average above $3.20 per gallon, according to AAA.
“It appears the pain at the pump is going to get worse before it gets better,” said Mark Jenkins spokesman, AAA — The Auto Club Group. “Florida drivers are likely to face another round of rising prices, as global supply concerns keep upward pressure on the price of crude. It’s unclear when the relief at the pump will come, but these elevated prices at the pump are likely to linger through the winter months.”
Comments
One Response to “Florida Gas Prices Near Steady Over The Past Week”
with traffic being bumper to bumper here lately and stores and restaurants packed out must not be a big problem for most Americans so I’m sure $10 a gallon won’t really matter to much. maybe all that extra money can build more houses and provide free food stamps free food for those comming into the country who have nothing ? while working Americans get up work all day and get taxed to death and have less and less for their family ? so higher gas prices help those comming Accross the world here have more than you in a matter of just a few years. it’s your world I just live in it. ? concerned ###