Florida - Monday January 5, 2024: Florida gas prices last week jumped 12 cents on the heels of rising crude oil and gasoline future prices. As of last Thursday the state average was at $3.27 a gallon, to a 3-month high.
But then on Friday, gasoline futures prices dropped 15 cents a gallon and the U.S. price for crude oil declined $5.73 per barrel, a 7% drop. Friday's closing price was $72.28 a barrel, the lowest daily closing price in two weeks.
"Futures prices reversed course last week, enabling pump prices to drop 4 cents in past three days," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Sunday's state average was $3.23 per gallon, and falling."
Visit GasPrices.AAA.com to view state and local average gas prices.
Regional Florida Prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($3.41), Naples ($3.30), Fort Lauderdale ($3.29)
- Least expensive metro markets – Panama City ($2.94), Crestview-Fort Walton Beach ($2.96), Pensacola ($3.00)
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
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.