Home AAA Gas Prices Jump Over 7 Cents A Gallon Since Last Week

Gas Prices Jump Over 7 Cents A Gallon Since Last Week

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Think it’s costing more to drive in So Fla…as Spring Break approaches and you’re planning any special travel?  AAA Says you’re right. Seasonal Price gouging: Business as Usual?

Florida gas prices increased an average of 15 cents per gallon last week. This was the second-largest weekly increase among any other state in the country (Kentucky had the largest at 16 cents).

Florida drivers are paying an average price of $2.62 per gallon for regular unleaded. The state average is the highest so far this year, and 10 cents per gallon more than this time last year. So far this year, the state average has increased 46 cents per gallon.

“Drivers saw a jump at the pump last week, due to rising demand, reduced refinery output, and lower gasoline supplies,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Although it appears the state average is leveling out for now, the springtime surge may not be over quite yet. The highest prices of the year can arrive anytime between now and Memorial Day weekend.”

Gas prices increased because:

  • Gasoline demand is rising as winter residents travel to Florida to escape the cold, and others visit the sunshine state for spring break and baseball spring training.
  • Gasoline supply levels declined for the fourth consecutive week, according to weekly data from the EIA.
  • Refineries are conducting seasonal maintenance leading to reduced output.
  • Summer-blend gasoline is hitting the market, as required by the EPA, in effort to reduce smog levels. Because this blend of gasoline requires more additives, it is more expensive to produce.

Florida Rankings

  • 10th highest state average in the country ($2.62)
  • 2nd largest weekly increase of any state in the U.S. (15 cents). Kentucky had largest weekly increase of 16 cents.
  • 1st in the nation for largest monthly increase (39 cents)

Regional Prices

  1. Most expensive metro markets – West Palm Beach-Boca Raton ($2.76), Fort Lauderdale ($2.70), Port St. Lucie ($2.70)
  2. Least expensive metro markets – Pensacola ($2.48), Crestview-Fort Walton Beach ($2.53), Tallahassee ($2.53)

Click here to see gas prices

 

Al Sunshine is a South Florida-based Broadcast and Digital Journalist whose career has spanned more than 40 years at the local and national levels. His award-winning investigations have triggered more than a dozen state and local consumer protection laws and his work’s been cited in Congressional Testimony before the U-S House of Representatives. He is best known for his “Shame On You” features for CBS Miami which sought to expose businesses, agencies and individuals defrauding or deceiving consumers, as well as endangering the safety and welfare of the general public. In 2013 Al retired from CBS Miami to set up his own Digital News Business, “Sunshine News, LLC” and Al continues to blog for the Radio, Television, Digital News Association, sponsors of the prestigious Edward R. Murrow Awards”. An avid environmentalist, Al is one of the founding members of the “Miami Pine Rocklands Coalition”. The Florida Non-Profit is fighting to save and restore the last 2% of Pine Rocklands found only in South Florida and nowhere else in the continental United States. Al was recently elected its President.