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Florida News

Florida Gas Prices Rise 13 Cents; Set New 2024 High

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The AAA Auto Club Group released its latest data on gas prices. The report revealed that the average price of a gallon of gas in Florida reached its highest point in 2024. The average price per gallon is now $3.58.

According to AAA, last year’s high was $3.85 per gallon. Sunday’s price of $3.58 per gallon is two cents higher than a month ago, yet 14 cents less than this time last year.

“Volatility in the oil market has greatly contributed to rising prices at the pump in recent weeks,” said Mark Jenkins, spokesman, AAA. “Oil prices have been reacting to rising geopolitical tensions between Israel and Iran, and OPEC’s decision to extend production cuts, in effort to crimp global fuel supplies.”

In 2023, the state average price for gasoline reached a high of $3.85 per gallon. During that time, the price of oil reached a high of nearly $94 per barrel. In 2022, the state average reached a high of $4.89 per gallon. During that time, oil peaked at $123.70 per barrel.

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.77), Naples ($3.71), Homosassa Springs ($3.65)
  • Least expensive metro markets – Crestview-Fort Walton Beach ($3.29), Panama City ($3.31), Pensacola ($3.32)

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