Florida gas prices

Florida Gas Prices Dip After Rising 10 Cents Last Week

Although they rose last week, gas prices in Florida are now declining once more. The state average jumped 10 cents to $3.32 per gallon by Wednesday after tying the 2023 low of $3.22 per gallon last Monday.
Source: TFP

Although they rose last week, gas prices in Florida are now declining once more. The state average jumped 10 cents to $3.32 per gallon by Wednesday after tying the 2023 low of $3.22 per gallon last Monday.

The hike was a reaction to the two-week-old increase in the price of crude oil.

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Thankfully, the price of crude oil dropped last week, and the price of gas is following suit.

From Friday through Sunday, Florida’s state average dropped by 4 cents per gallon. On Sunday, the state average was $3.29 per gallon.

Crude oil prices in the US ended the day at $85.54 per barrel. This is a $4.21 per barrel (-4%) decrease from the previous week. Futures for gasoline fell six cents.

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.48), Naples ($3.35), Tallahassee ($3.34)
  • Least expensive metro markets – Pensacola ($3.06), Crestview-Fort Walton ($3.09), Panama City ($3.18)

Ways to Save on Gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community. 
  • Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.

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