AAA: Florida Gas Prices Jump 10 Cents to $3.10, Almost $1 More Than This Time Last Year
By AAA // September 21, 2021
price of crude increased 4% last week
(AAA) – Florida gas prices are now holding steady after unexpectedly jumping 10 cents last week.
The state average price of $3.10 per gallon is a new 2021 high, 7 cents more than the previous high, set back in early August.
Pump prices increased alongside rising crude oil and gasoline futures prices.
The price of crude increased 4% last week on reports that Gulf of Mexico energy infrastructure is still recovering from Hurricane Ida.
Most of the onshore oil refineries – that went offline because of the storm – have reportedly already or are in the process of restarting.
However, weekly EIA data showed that offshore oil production remained low. Weekly figures from the EIA show US crude production dropped 13%, to hit a 2-year low of 10,000 barrels per day.
That figure improved 1% to 10,100 last week. Before the storm, crude production levels reached 11,500 bpd.
“The rollercoaster ride at the pump continues for Florida drivers,” said Mark Jenkins, spokesman, AAA – The Auto Club Group.
“Where pump prices go from here is unclear. Hurricane Ida’s impact in the Gulf Coast has lingered on, causing lower fuel supplies and upward pressure on prices. Fortunately, there is some downward pressure in the market, because the summer driving season has ended, leading to less fuel demand. In addition to that, winter gasoline is beginning to move back into the market. Both of these should help ease the strain on supplies.”
Florida drivers are now paying 10 cents per gallon more than a month ago, and 96 cents more than this time last year. The cost to fill an average-sized 15-gallon tank of gas is now $46.50.
That’s $14.40 more than a year ago. This time in 2019, the cost for a gallon of gas was $2.50, which amounted to a total of $37.50 for a fill-up.
Most expensive metro markets – West Palm Beach ($3.23), Fort Lauderdale ($3.13), Port St. Lucie ($3.12)
Least expensive metro markets – Pensacola ($3.04), Crestview-Fort Walton Beach ($3.05), Punta Gorda ($3.06)
Ways to Save on Gasoline
■ Combine errands to limit driving time.
■ Shop around for the best gas prices in your community.
■ Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
■ Remove excess weight in your vehicle.
■ Drive conservatively. Aggressive acceleration and speeding reduce fuel economy.
■ Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell.
Members who enroll between July 1 and August 31, 2021, can save 30 cents per gallon on their first fill-up. Click here for more information. Find Florida Gas Prices
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