ORLANDO, Fla. — Gas prices across Florida dropped another penny last week, with some drivers in the Sunshine State finding pump prices below $3 a gallon.
On Sunday the state average was $3.20 per gallon.
Despite the downward trend in gas prices, some experts believe that trend won’t last due to the rising price of oil.
The price of oil has increased a total of 11% in the last three weeks.
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The price of WTI (U.S.) oil rose 5% last week, reaching a 7-week high of $79.46 on Thursday.
“January gas prices are often driven down by lower fuel demand. Unfortunately, that downward trend at the pump may soon come to an end,” said Mark Jenkins, spokesman at AAA - The Auto Club Group. “Oil prices shot up last week and that could restore upward pressure in prices at the pump.”
As of Sunday, the most expensive markets to buy gas are West Palm Beach-Boca Raton ($3.41), Naples ($3.31) and Fort Lauderdale ($3.25).
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The least expensive markets are Crestview-Fort Walton Beach ($3.08), Melbourne-Titusville ($3.11) and Sebring ($3.12),
In 2021, the average high price for a gallon of gas in Florida was $3.36, and the low was $2.19.
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AAA offers some tips when it comes to savings at the pump.
- Combine errands to limit driving time.
- Shop around for the best gas prices in your community.
- Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
- Remove excess weight in your vehicle.
- Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
- Ensure your vehicle is properly maintained. An engine tune-up, new air filter and proper tire inflation can all help fuel economy.
- Enroll in savings programs.
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