Florida gas prices rose 11 cents early last week reaching $3.55 per gallon. The state average then reversed course, declining 7 cents during the past four days. On Sunday, the state average was $3.40 per gallon. That's about 3 cents more than a week ago. Visit GasPrices.AAA.com to view state and metro area gas prices.
"Gas prices could move even lower, after a big drop in oil prices last week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Recent fuel reports show China's crude oil imports are declining. This driven prices lower, on concerns that global fuel demand is softening."
In early July, the U.S. price for crude traded at around $83 per barrel. Oil has since declined a total of 8% through the past three weeks. The biggest weekly drop occurred last week. Oil prices fell nearly $3 per barrel (4%). Friday's closing price was $77.16/b. Oil hasn't traded this low since the first week of June. During that time, the average gas price in Florida was around $3.30/g.
Visit GasPrices.AAA.com to view state and local average gas prices
AAA GAS PRICE AVERAGES |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | |
National | $3.506 | $3.511 | $3.501 | $3.503 | $3.732 |
Florida | $3.396 | $3.413 | $3.364 | $3.417 | $3.667 |
Georgia | $3.334 | $3.339 | $3.345 | $3.320 | $3.541 |
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.
About AAA - The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 64 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.
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