AAA: Florida Gas Prices Plunge Nearly 10 Cents, Prices Decline for Third Consecutive Week
By Mark Jenkins, AAA // August 14, 2019
Florida drivers are paying 20 cents per gallon less than a month ago
BREVARD COUNTY, FLORIDA – The plunge at the pump continued last week. Florida gas prices declined nearly 10 cents, as global demand concerns keep downward pressure on the price of crude.
Florida drivers are paying an average price of $2.44 per gallon – a discount of 8 cents from last week. The state average has declined the past 25 consecutive days for a total of 26 cents per gallon.
Sunday’s state average is 20 cents less than a month ago, and 37 cents less than this time last year. Pump prices are now 36 cents per gallon less than this year’s highest daily price of $2.80 – set in April.
“Gas prices remain closely tied to weekly moves in the price of oil,” said Mark Jenkins, spokesman, AAA-The Auto Club Group.
“The oil market remains concerned about how the ongoing US-China trade war is impacting the global economy, and subsequently oil demand. Last week, oil plummeted after reports that global oil demand in the first half of 2019 grew at the slowest rate in 11 years.
“However, crude recovered after OPEC announced plans for additional crude production cuts, later this year. Unless oil prices unexpectedly surge this week, drivers should expect gas prices to remain at or below current levels this week.”
The price for a barrel of WTI crude settled at $54.50 Friday on the NYMEX – a discount of $1.16 per barrel from the week before.
- Most expensive metro markets – Tallahassee ($2.62), Panama City ($2.62), Gainesville ($2.55)
- Least expensive metro markets – Punta Gorda ($2.34), Tampa-St. Petersburg-Clearwater ($2.35), Bradenton-Sarasota-Venice ($2.35)
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
|AAA GAS PRICE AVERAGES
(Price per gallon of regular unleaded gasoline)
|Sunday||Saturday||Week Ago||Month Ago||One Year Ago||2019 High
|2018 High||Record High|
|National||$2.652||$2.660||$2.712||$2.755||$2.860||$2.895||$2.97 (5/26/2018)||$4.11 (7/17/2008)|
|Florida||$2.438||$2.449||$2.515||$2.640||$2.810||$2.795||$2.92 (5/25/2018)||$4.08 (7/17/2008)|
|Georgia||$2.521||$2.529||$2.579||$2.603||$2.756||$2.735||$2.84 (5/27/2018)||$4.16 (9/15/2008)|
|Click here to view current gasoline price averages|
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