AAA: Florida Gas Prices Inch Lower after Reaching New 2024 High

Florida gas prices are inching lower after reaching a new 2024 high of $3.46 per gallon on Friday. The state average rose 15 cents per gallon last week. However, by Sunday, it was back down to $3.43 per gallon.




“Strong gasoline demand and the switch to summer fuel contributed to last week’s jump at the pump,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Severe weather and power outages at major refinery plants across the US were also reportedly to blame. However, gasoline and oil futures moved lower late last week, reportedly due to uncertainty about whether the Federal Reserve would cut interest rates later this year. This could temporarily cause the gas price hike to stall.”

Crude oil futures declined nearly $2 per barrel last week (-2%). Gasoline futures dropped 9 cents.

Regional Prices:

• Most expensive metro markets – West Palm Beach-Boca Raton ($3.60), Naples ($3.51), Fort Lauderdale ($3.49)
• Least expensive metro markets – Panama City ($3.14), Crestview-Fort Walton Beach ($3.16), Pensacola ($3.21)

AAA provided the following 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.

Additional 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.
• Get a tune-up. Find a certified repair shop and ensure your vehicle is properly maintained to optimize its fuel economy.
• 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.

You can find Florida daily gas price averages can be found online.