Connect with us

Hi, what are you looking for?

Business

Gas Prices in Florida Drop as October Begins

AAA released a report on Sunday showing gas prices fell in the Sunshine State last week.

Despite high oil prices, gas prices have slipped in recent days. On Sunday, the average gallon of gas in Florida cost $3.49, down 10 cents from the start of last week, the lowest price since the middle of July. The national average stood at $3.82 a gallon on Sunday.

“Gas prices are moving lower, even as the price of oil remains near 2023 highs,” said Mark Jenkins, a spokesman for AAA and the Auto Club Group. “Now that the summer driving season is over, gasoline demand has declined, but gasoline production is stronger than a year ago. Gasoline futures logged a second-consecutive 18-cent drop, which should signal another round of falling prices at the pump this week.”

The West Palm Beach-Boca Raton market had the most expensive gas in the state at $3.70 a gallon, followed by Naples with an average of $3.65 a gallon and Port St. Lucie with an average of $3.60 a gallon.

Pensacola had the least expensive gas in the state with an average of $3.33 a gallon, followed by the Crestview-Fort Walton Beach area at $3.36 a gallon and the Melbourne-Titusville market at $3.39 a gallon.

Author

  • Kevin Derby

    Originally from Jacksonville, Kevin Derby is a contributing writer for Florida Daily and covers politics across Florida.

    View all posts

Share Story Via Text, E-Mail, Facebook or Twitter

Follow Us on Social Media

Related Stories

Economy

A new study has revealed a ranking of the best cities for real estate investments in 2024, with 4 Florida cities, making the top...

Business

Even with the growth of inflation numbers dropping, auto industry analyst say the price a new vehicle is still too high and borrowing cost...

Business

The strike on Florida’s ports by the 45,000 members of the Longshoreman Union Group (ILA) could cost the U.S. economy billions, according to market...

Business

Data from a recent survey conducted by the University of Florida (UF) shows an improving economic outlook for consumers. According to UF’s Bureau of...

Business

Investigative journalist John Stossel compares Robert Reich‘s claims to economic facts. Transcript: Former Labor Secretary Robert Reich now makes videos, like I do. In...

Economy

At a recent roundtable on condo costs, Florida Governor Ron DeSantis heard pleas from condo owners on large assessments they are facing due to...

Business

By Steve Beaman, Founder, Elevare Technologies, Inc. We all experienced the enormous growth of Zoom that took off during the pandemic. For the first...

Business

The amount of debt Americans are taking on is beginning to hit banks and consumer lending corporations. With most debt centered around credit cards...