AAA: Florida Gas Prices Inch Lower, Down 2 Cents from Last Week After Reaching Two Month High

approval of Pfizer's Covid vaccine could help promote higher oil prices

AAA — Florida gas prices are drifting lower, after reaching a 2-month high of $2.16 per gallon more than a week ago. Prices at the pump declined an average of 2 cents per gallon in the past week.

“It was a relatively uneventful week in the fuel market. Oil prices held relatively steady, but that could change this week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.

“The FDA’s approval of Pfizer’s Covid vaccine could help promote higher oil prices, due to its potential of helping fuel demand eventually rebound in 2021. However, the optimism would have to overpower current conditions. The rising cases of coronavirus have caused lockdowns in various cities, and the lowest gasoline demand figures since the spring.”

Florida drivers are now paying an average price of $2.14 per gallon. The state average is 14 cents more than a month ago.

However, pump prices are 2 cents less than last week, and 34 cents less than this time last year.

Regional Prices

Most expensive metro markets – West Palm Beach – Boca Raton ($2.26), Ocala ($2.17), Sebastian – Vero Beach ($2.17)
Least expensive metro markets – Punta Gorda ($2.01), Tallahassee ($2.08), Jacksonville ($2.08)

Sunday, Saturday, Week Ago, Month Ago, One Year Ago, Record High
National: $2.163, $2.162, $2.161, $2.130, $2.566, $4.11 (7/17/2008)
Florida: $2.135, $2.137, $2.155, $1.998, $2.476, $4.08 (7/17/2008)

Click here to view current gasoline price averages

Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com.

Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability.

All average retail prices in this report are for a gallon of regular, unleaded gasoline.

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