Drivers across the Sunshine State are seeing a welcome site at the gas pumps. On Sunday, Florida’s statewide average was $3.31 per gallon. According to AAA, that’s 2 cents less than last week, 12 cents less than a month ago, and 53 cents less than this time last year. The state average is also 33 cents below this year’s high of $3.64 per gallon.
“Over the weekend, Florida gasoline hit the lowest average price in two months,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The price of crude continues to influence prices at the pump. Oil prices increased early last week on renewed optimism about the U.S. economy, after a July domestic consumer spending report was better than analysts expected. By the end of the week, however, weak economic data from China caused oil prices to soften.”
The U.S. price of crude oil initially jumped to $80 a barrel, but finished the week flat. Friday’s closing price of $76.65 per barrel was 19 cents less than the week before. Gasoline futures were also down 8 cents per gallon.
Regional Prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($3.49), Gainesville ($3.39), Naples ($3.38)
- Least expensive metro markets – Crestview-Fort Walton Beach ($3.13), Panama City ($3.14), Pensacola ($3.15)
