Florida Gas Prices On Downward Slide

November 13, 2018

Fuel prices are on the way down. Crude oil dove to 8-month lows last week, which means the slump at the pump should continue., according to AAA.

Gas prices in Florida have declined 36 consecutive days, for a total of 25 cents. The price plunge accelerated during the past week, dropping 7 cents

Florida motorists are paying about what they did for gasoline this time last year. However, we are still about 13 cents higher than this year’s low of $2.44g, which was set on January 2.

The average price per gallon of regular unleaded in Escambia County was $2.66 on Monday, down from $2.81 a month ago but still higher than $2.46 one year ago.

“Florida motorists are beginning to find some of the lowest gas prices they’ve seen since March,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The price of producing gasoline has dramatically declined during the past month, thanks to concerns of lower global demand and strong fuel supply and production. Unless oil prices change course, motorists could easily see pump prices shed another 10-20 cents before 2019, and slip below year-ago levels by Thanksgiving.”

NorthEscambia.com photo.

Comments

4 Responses to “Florida Gas Prices On Downward Slide”

  1. Molino, FL resident on November 13th, 2018 6:01 pm

    Double check me, but I think Florida is more because we have more taxes added. For example, Florida will vote on a penny sales tax here….and a penny tax there. And it definitely adds up.

  2. CNTMNT on November 13th, 2018 10:11 am

    What’s honestly hilarious is the fact that bottled water costs more per gallon than gasoline at this point.

    Gas: $2.66/gal
    Bottled Water: $4.66/gal

  3. Willis on November 13th, 2018 10:10 am

    Makes no sense CW, but that’s why I drive on to Atmore.

  4. CW on November 13th, 2018 9:02 am

    I don’t understand why gas prices are so much higher in FL than they are in AL. The station in Davisville will often be 30 cents higher than the station just up the road in Atmore. I know Esc Co. FL passed the 4 cent gas tax but still, 30 cents difference?





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