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
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Most expensive metro markets – West Palm Beach-Boca Raton ($3.03), Naples ($2.95), Gainesville ($2.90)
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Least expensive metro markets – Crestview-Fort Walton Beach ($2.60), Panama City ($2.61), Pensacola ($2.61)
Ways to Save on Gasoline
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Combine errands to limit driving time.
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Drive conservatively. Avoid aggressive acceleration and speeding, which reduces fuel economy.
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Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
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Shop around for the best gas prices in your community by using the AAA mobile app.
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Pay with cash. Some retailers charge more per gallon for customers who pay with a credit card.
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