TAMPA, Fla., (March 20, 2023) — Florida gas prices jumped 15 cents per gallon last week, but relief may soon be on the way. On Sunday, the state average for regular unleaded was $3.46 per gallon. That’s 12 cents less than this year’s high of $3.58 per gallon. Visit gasprices.AAA.com to view daily average gas prices.
“There were significant losses in the oil market last week which should enable gas prices to move lower again,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “The failure of two U.S. banks raised concerns of a global recession that could eventually hamper fuel demand.”
The U.S. price of oil dropped 13% last week, for a total loss of 17% over two weeks. Friday‘s settlement of $66.74 per barrel was the lowest since December 2021. Interestingly, the gasoline market did not take quite as big of a hit, likely because strong springtime demand coupled with refinery maintenance season and the switch to summer gasoline is serving as somewhat of a buoy. Regardless, gasoline futures dropped 24 cents through the past two weeks, which is an indicator that pump prices should move lower, unless fundamentals rebound this week.
Regional Prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($3.63), Naples ($3.52), Port St. Lucie ($3.51)
- Least expensive metro markets – Crestview-Fort Walton Beach ($3.17), Panama City ($3.18), Pensacola ($3.22)
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.
Find Florida Gas Prices
- Daily gas price averages can be found at Gasprices.aaa.com
- State and metro averages can be found here
| AAA GAS PRICE AVERAGES (Price per gallon of regular unleaded gasoline) |
 |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago |
| National | $3.446 | $3.449 | $3.472 | $3.413 | $4.262 |
| Florida | $3.455 | $3.459 | $3.314 | $3.305 | $4.197 |
| Georgia | $3.223 | $3.229 | $3.265 | $3.220 | $4.188 |
| Click here to view current gasoline price averages | |||||
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
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This article originally appeared here and was republished with permission.
