Gas Prices Surge Across Florida

Prices at the pump are surging.

According to AAA, the price of a gallon of gas is up 15-cents over the last week, now averaging $2.62 a gallon

The auto club says prices are higher because of increased demand and reduced fuel supplies.

According to AAA:

Florida Rankings

  • 10th highest state average in the country ($2.62)
  • 2nd largest weekly increase of any state in the U.S. (15 cents). Kentucky had largest weekly increase of 16 cents.
  • 1st in the nation for largest monthly increase (39 cents)

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($2.76), Fort Lauderdale ($2.70), Port St. Lucie ($2.70)
  • Least expensive metro markets – Pensacola ($2.48), Crestview-Fort Walton Beach ($2.53), Tallahassee ($2.53)

Crude Oil Prices

The price of oil also reached a new 2019 high, last week. Settling at $58.61 per gallon on the NYMEX last Thursday, crude oil has climbed a total of $12 per barrel this year. The price of crude is now only $2 per barrel less than this time last year. Last March, oil prices peaked at $64.94 per barrel, dragging the daily average price for gasoline in Florida up to $2.64/g. 

Photo courtesy Getty Images

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