AAA: Holiday Gas Prices To Hit Two-Year Lows

December 17, 2018

Florida gas prices have declined a little more than 50 cents in the past two months, and could drop another 10 cents before the end of the year, according to AAA.

“Holiday travelers will have more jingle in their pockets after they fill-up the family vehicle,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Prices are already at 2-year lows for the holidays, and should slip even lower in the next two weeks. Oil prices have been unable to gain significant upward momentum after OPEC announced plans to cut production. The price of crude declined last week and should drop again this week, because industry analysts are skeptical that OPEC’s plan could rebalance what is currently an oversupplied market. If oil prices drop even further this week, that would reduce the cost of producing gasoline and allow additional price cuts at the pump.”

On Sunday, gas prices averaged $2.30 per gallon statewide. In Escambia County, the average price per gallon was $2.29.

Prices for the holiday season are forecast to hit two year lows, as AAA estimates 5.3 million Florida drivers will hit the holiday road. Florida gas prices averaged $2.44 per gallon on Christmas Day 2017, and $2.29 in 2016.

Pictured: Regular unleaded gas was $2.11 Sunday night at this station on Highway 29 in Molino. NorthEscambia.com photos, click to enlarge.

Comments

9 Responses to “AAA: Holiday Gas Prices To Hit Two-Year Lows”

  1. Dianne on December 19th, 2018 4:31 pm

    $2.49 in Madison, FL. They are always higher here.

  2. Den on December 17th, 2018 7:19 pm

    Brewton gas $1.97

  3. Jan on December 17th, 2018 4:36 pm

    In Brewton it is $1.97.9

  4. Fisher on December 17th, 2018 4:06 pm

    Sam you are half right. They are always higher in century. No need to be. Go one mile down road to Flomaton and gas is 30 cent or more a gallon cheaper.

  5. Vicky on December 17th, 2018 4:01 pm

    Someone needs to let the gas stations in Jay know!!!!
    It’s always cheaper everywhere else but Good Ole Jay stays loyal to the old prices!!

  6. HF on December 17th, 2018 2:11 pm

    $2.06 in Cantonment this morning… ( I think its called the speed mart by tate rd)

  7. Lifendason on December 17th, 2018 2:05 pm

    Santa Rosa still has it for 2.30+ So, I go to Escambia to get it at 2.10 last night at the Tom Thumb.

    Santa Rosa, what’s your deal?

  8. Just saying on December 17th, 2018 9:38 am

    That darn Donald Trump guy how dare he!

  9. sam on December 17th, 2018 7:50 am

    i bet they are higher in century and flomaton than anywhere else.





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