AAA: September Gas Prices Highest in Four Years, Currently 10 Cents Less Than This Year’s High
By AAA // October 2, 2018
Gas 20 cents more per gallon than this time last year
(AAA) – Gas prices in Florida jumped 10 cents last week and Sunday’s state average of $2.82 per gallon is the highest daily average since August.
Pump prices are 20 cents per gallon more than this time last year. However, the current average remains 10 cents less than this year’s high – established during Memorial Day weekend.
“Concerns about how sanctions against Iranian crude will impact global oil supply began to weigh on the market last week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Crude oil prices climbed and dragged gasoline prices higher as a result. The $5 per barrel shift in crude can signal a 25 cent hike at the pump.
“However, low seasonal gasoline demand and a cheaper-to-produce winter-
Florida motorists found the most expensive September gas prices in four years. Prices at the pump averaged $2.77 per gallon last month – an increase of 9 cents from September 2017, and 59 cents more than September 2016.
The higher prices this year are mostly attributed to more expensive crude oil. WTI crude averaged $70 per barrel last month – $20 per barrel more than September 2017 and $25/b more than September 2016.
Average September Gas Prices | |||||
2014 | 2015 | 2016 | 2017 | 2018 | |
National | $3.39 | $2.34 | $2.20 | $2.62 | $2.85 |
Florida | $3.32 | $2.20 | $2.18 | $2.68 | $2.77 |
Georgia | $3.32 | $2.19 | $2.22 | $2.69 | $2.72 |
Tennessee | $3.17 | $2.05 | $2.07 | $2.54 | $2.59 |
Click here to view AAA’s state and metro gas price averages.
- The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.91), Crestview-Fort Walton Beach ($2.85), and Miami ($2.85)
- The least expensive gas price averages in Florida are in Tallahassee ($2.78), Punta Gorda ($2.78), and Jacksonville ($2.79)
Gas Price Tools
- GasPrices.AAA.com – Daily national, state, and metro gas price averages
- AAA Mobile app – Free app that compares gas prices near you
- Gas Cost Calculator – Determine how much gasoline will cost on your next road trip
CURRENT AND PAST PRICE AVERAGES
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | Highest Price on Record | |
National | $2.877 | $2.876 | $2.852 | $2.838 | $2.561 | $4.114 (7/17/2008) |
Florida | $2.818 | $2.819 | $2.721 | $2.807 | $2.624 | $4.079 (7/17/2008) |
Georgia | $2.721 | $2.721 | $2.712 | $2.696 | $2.626 | $4.164 (9/15/2008) |
Tennessee | $2.630 | $2.628 | $2.584 | $2.596 | $2.471 | $4.118 (9/15/2008) |
Click here to view current gasoline price averages |
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