Florida AAA: Gas Prices Up Another 7-Cents Following Increase in Crude Costs
Florida - Monday October 17, 2022: The average price of a gallon of regular unleaded fuel in Florida rose another 7-cents over the past week. Florida gas prices averaged $3.40 a gallon on Sunday. That's 7 cents per gallon more than a week ago, 22 cents more than this time last year, yet 3 cents less than last month.
The state average has now increased a total of 23 cents a gallon since October 6th. However, drivers are still paying $1.49 per gallon less than mid-June, when gasoline reached an all-time high of $4.89 per gallon. In addition, it now costs $51 to fill an average-sized 15-gallon tank of gasoline, $22 less than what it cost when prices were at their peak during the summer.
The increase at the pump last week occurred even though the cost of crude settled at $85.61 a barrel on Friday, that was $7-dollars a barrel less than the week before, and back in line with where oil prices were four weeks ago. AAA spokesman Mark Jenkins explained saying drivers were faced with another round of rising gas prices last week because retailers were still adjusting "to the big (17%) jump in crude oil prices which occurred more than a week ago."
"The 17% oil price hike was largely in response to OPEC's announcement that it would cut oil production by 2 million barrels per day in effort to raise oil prices. The resulting gas price hike effectively erased any discounts created by the state gas tax holiday, Fortunately, oil prices took a step back last week, which should ease upward pressure at the pump."
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
Regional Florida Prices
• Most expensive metro markets – West Palm Beach-Boca Raton ($3.55), Sebastian-Vero Beach ($3.43), Naples ($3.43)
• Least expensive metro markets – Crestview-Fort Walton Beach ($3.20), Pensacola ($3.26), Panama City ($3.30)
Ways to Save on Gasoline
• Combine errands to limit driving time.
• Shop around for the best gas prices in your community.
• Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.
• Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
• Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
AAA Resources for Drivers
- Enroll in savings programs. AAA Members who enroll in Shell's Fuel Rewards program can save 30 cents per gallon on their first fill-up and 5 cents per gallon each additional trip to the pump. Click here for more information.
- Get a tune-up. Ensure your vehicle is properly maintained to optimize its fuel economy. Visit AAA.com/AutoRepair to find a certified repair shop.
- Find the lowest gas prices in your area by using the free AAA mobile app.
- Determine anticipated fuel costs for your trip by using the AAA's Gas Cost Calculator.