Florida - AAA says that gas prices in Florida are dropping and Floridians could see $2 gas in the near future.
Prices are dropping steadily anywhere from .5 to 1 cent a day. On Thursday, gas in Florida averaged to $2.39, 5 cents less from last week. The peak gas price was $2.47 in April, which has dropped 7 cents to the current price in the last two weeks.
In 2016 on Cinco de Mayo, gas in Florida was 17 cents cheaper than today, costing only $2.16. In 2016 during this time, gas was $2.58 and in 2014, it was $3.70.
(Current and Past gas prices chart courtesy of AAA)
"A lack of confidence in crude has led to a downturn in oil prices," says Mark Jenkins, a spokesman for AAA - The Auto Club Group. "The wholesale gasoline market is getting hammered this week, due to nearly record-high refinery operations and demand levels that were weaker than expected," says Jenkins. "These falling rack prices will continue delivering steady discounts at the pump, and the state average should push down into the $2.20s in the next week or two, rivaling the $2.25 price tag last Memorial Day." "If current wholesale and spot prices stick around, motorists could start seeing various Florida service stations selling gasoline near $2 a gallon by the summer," says Jenkins. In Daytona Beach, FL, gas is currently $2.38. Yesterday, it was $2.39 and last week it was $2.44. The most expensive gas in Florida is currently in West Palm Beach at $2.48, Fort Lauderdale at $2.43 and Miami at $2.42. The cheapest gas prices in Florida are in Pensacola at $2.35, Orlando at $2.36, Sarasota/Bradenton at $2.37 and Tampa/St. Petersburg at $2.37. Daily gas prices in your area can be found here and the cheapest gas on your route can be found on the mobile app, downloadable here. Copyright Southern Stone Communications 2017.
