AAA: Florida Gas Prices Decline 3 Cents Less than a Week Ago; 27 Cents Less than Last Year
By Space Coast Daily // October 14, 2020
BREVARD COUNTY, FLORIDA — Florida gas prices declined 3 cents last week.
Pump prices are trending lower even as Hurricane Delta made landfall along the Gulf Coast refinery region.
“It’s still a little early to know what, if any impacts Hurricane Delta will have on gas prices in Florida,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.
“For now, wholesale gasoline prices are at a level that could allow pump prices to drop another 5 cents in the short term. However, prices in the coming weeks will likely be swayed by news coming out of the Gulf Coast, as crews assess any storm damage to refineries and pipelines.”
Preliminary reports suggest the storm had more of a limiting effect on regional demand than supply. Most of the refineries in the storm’s path were already shut down from Hurricane Laura – which blew through the region more than a month ago. However, the storm knocked out power to Colonial Pipeline, which carries fuel from the Gulf Coast oil refineries to markets across the southeastern United States, ending in North Carolina. Line one, which carries gasoline was restored on Saturday. However, Line 2 – which carries Diesel fuel remained shut down as of press time.
Florida drivers are currently paying an average price of $2.16 per gallon at the pump. The state average declined 3 cents after reaching as high as $2.19 per gallon eight days ago. Florida gas prices are 27 cents per gallon less than this time last year.
So far this year, Florida’s highest average price was $2.56 per gallon in January. From there, the pandemic led to state lockdowns, less driving, and lower gasoline demand. The state average dipped down to $1.76 per gallon in May – the lowest average price so far this year.
- Most expensive metro markets – West Palm Beach – Boca Raton ($2.28), Ocala ($2.20), Naples ($2.19)
- Least expensive metro markets – Tallahassee ($2.09), Punta Gorda ($2.10), Crestview – Fort Walton Beach ($2.12)
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||Record High|
|Click here to view current gasoline price averages|
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