ORLANDO, Fla. – Florida motorists are seeing a dip in gas prices following a recent spike, according to AAA reports.
Last week, the state average surged by 14 cents, reaching $2.89 per gallon on Thursday, marking the highest rate since December 20. However, in the past three days, prices have gradually decreased by 3 cents.
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Crude oil prices ended the week at $61.07 per barrel, which is a 3% rise from the previous week. While higher oil prices generally lead to increased costs at the pump, Florida’s fuel market often behaves independently.
“We’ve been observing a price-cycling trend for over a year,” stated Mark Jenkins, AAA’s spokesperson. “Prices at the pump tend to spike rapidly before slowly decreasing. Even minor changes in the oil market contribute to the day-to-day price volatility consumers experience.”
AAA anticipates these weekly price shifts to persist as retailers adjust to wholesale changes and competitive pricing strategies within the state.
Regional Prices
Most expensive metro markets – West Palm Beach-Boca Raton ($3.03), Naples ($2.95), Gainesville ($2.90)
Least expensive metro markets – Crestview-Fort Walton Beach ($2.60), Panama City ($2.61), Pensacola ($2.61)
Ways to Save on Gasoline
Combine errands to limit driving time.
Drive conservatively. Avoid aggressive acceleration and speeding, which reduces fuel economy.
Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
- Shop around for the best gas prices in your community by using the AAA mobile app.
Pay with cash. Some retailers charge more per gallon for customers who pay with a credit card.
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