Florida gas prices declined 12 cents last week. The state average on Sunday, Oct. 12, was $2.92 per gallon.
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TAMPA — Florida gas prices declined 12 cents last week. The state average on Sunday, Oct. 12, was $2.92 per gallon. That’s the lowest daily average price since May.
Florida’s average gas price is:
• 12 cents less than a week ago
• 7 cents less than a month ago
• 18 cents less than last year
It costs $44 to fill a 15-gallon tank with regular unleaded gasoline. That’s $2.50 less than last year.
“Florida gas prices slipped to the lower end of the 30-cent range, which it has fluctuated within for the past year,” said Mark Jenkins, spokesman, AAA - The Auto Club Group. “Global fuel prices are facing downward pressure on reports that global fuel supplies are outpacing demand.”
The U.S. price of crude oil has declined by a total of 10% over the past two weeks. Last week, WTI slid below $60 per barrel. Friday’s closing price of $58.90/b was nearly $2/b (-3%) less than the week before, and the lowest daily settlement since May.
Last week, the EIA reported a significant build in domestic fuel inventories, indicating that supply is outpacing demand. As production levels from the U.S., Canada, and Brazil remain strong, OPEC+ is considering boosting output in November.
Visit GasPrices.AAA.com to view state and local average gas prices
Regional Prices
• Most expensive metro markets – West Palm Beach-Boca Raton ($3.09), Gainesville ($3.05), Naples ($2.97)
Ways to Save on Gasoline
AAA Resources for Drivers
Find Florida Gas Prices
AAA Gas Price Averages
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(Price per gallon of regular unleaded gasoline) |
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Sunday | Saturday | Week Ago | Month Ago | One Year Ago |
| National | $3.083 | $3.089 | $3.133 | $3.188 | $3.204 |
| Florida | $2.919 | $2.929 | $3.038 | $2.986 | $3.096 |
| Georgia | $2.874 | $2.878 | $2.897 | $2.903 | $2.711 |
| Click here to view current gasoline price averages | |||||