Florida Gas Prices Sink To 26 Month Lows

January 7, 2019

Prices at the pump are off to their lowest start to the month of January since 2016. Gas prices in Florida dropped another 4 cents last week. The state average has now declined nearly 70 cents since October.

Florida drivers are now paying an average of $2.13 per gallon – the lowest daily average price since November 2016. Compared to last Memorial Day, when the state average peaked at around $2.92 per gallon, drivers are now saving an average of nearly $12 for a 15-gallon tank of gas.

The average price per gallon in Escambia County was $2.09, but many stations were below the $2 mark.

s should expect low gas prices to linger through January, as gasoline demand is typically the lowest of the year,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Although pump prices could become somewhat volatile this month, drivers will notice a significant increase in the spring, with the upward trend beginning as early as February. Putting global supply and demand fluctuations aside, gas prices often rise 30-70 cents in the spring, as gasoline demand increases, refiners conduct seasonal maintenance, and begin to switch to a more expensive-to-produce summer blend gasoline. AAA expects pump prices to peak around $2.75 this year, but there is higher potential if a hurricane threatens gulf coast refineries, or there are sizable swings in fuel supplies or the economy.”

Comments

4 Responses to “Florida Gas Prices Sink To 26 Month Lows”

  1. CD on January 8th, 2019 12:00 pm

    Hey Mikke

    You are gonna love the gas price for regular in Theodore, AL
    Just filled up at the Shell Station for $1.79

    It’s all about the local tax base.

  2. Lifendason on January 7th, 2019 11:29 am

    Low yes, but does anyone know why gas in Milton/Pace is 2.08/2.13 and over the bridges in Escambia it is 1.98?

  3. sam on January 7th, 2019 10:19 am

    was 1.81 in canoe the other day. century and flomaton are a rip off.

  4. Mikke on January 7th, 2019 7:18 am

    gas is still 2.60 here in Bonifay, Fl. Gas in St Petersburg Fl is 1.94..State of Florida
    won’t look into this. There is no reason that our gas should be so high..





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