Florida gas prices

Florida Gas Prices Rebound To Highest Prices In 4 Weeks

Florida gas prices suddenly rebounded last week, rising an average of 20 cents per gallon. The increase snapped a 22-day streak of declines that sent the state average to $3.26 per gallon - the lowest daily average price since March.
Source: TFP

Florida gas prices suddenly rebounded last week, rising an average of 20 cents per gallon. The increase snapped a 22-day streak of declines that sent the state average to $3.26 per gallon – the lowest daily average price since March.

Sunday’s state average was $3.46 per gallon. That’s what drivers paid four weeks ago.

“Last week’s jump at the pump came immediately after Independence Day, when AAA forecast a record number of Floridians would take a road trip for the holiday,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Fortunately, oil prices remain low. Unless that changes this week, the upward pressure on gas prices should ease soon.”

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On Independence Day, Florida gas prices averaged $3.26 per gallon. That was $1.28 per gallon less than last year’s holiday. Regardless, it was the 2nd-most expensive Independence Day at the pump in a decade.

Sunday’s state average remains well below this year’s high of $3.72 per gallon. Since Labor Day, Florida gas prices have averaged $3.38 per gallon.  

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