Florida gas prices rose seven cents per gallon last week, according to AAA.
The state average has now increased a total of 23 cents per gallon since Oct. 6.
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“Drivers faced another round of rising gas prices last week, as retail prices at the pump continued to adjust to the big jump in oil prices which occurred more than a week ago,” said Mark Jenkins, spokesman, AAA - The Auto Club Group. “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.”
According to AAA, Florida gas prices averaged $3.40 per barrel 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.
Drivers are now paying $1.49 per gallon less than mid-June, when gasoline reached an all-time high of $4.89 per gallon. It now costs $51 to fill an average-sized 15-gallon tank of gasoline. That’s $22 less than what it cost when prices were at their peak during the summer.
Find Florida Gas Prices:
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here