Florida gas prices seesawed last week, but ultimately finished flat. The state average started the week at $3.51 per gallon. It then slipped a few cents, jumped 7 by mid-week, then fell back to $3.51/g by Sunday.
"Crude oil and gasoline futures are holding steady, in hopes that cooling inflation could cause the Federal Reserve to cut interest rates," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "Market analyzers believes lower interest rates would lead to higher fuel demand."
The price of crude oil settled at $82.21 per barrel. That's 1-percent (-$0.41) less than a week ago. The cost of crude affects about half the price of gasoline.
Visit GasPrices.AAA.com to view state and local average gas prices
Regional Prices
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Find Florida Gas Prices
AAA GAS PRICE AVERAGES |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | |
National | $3.522 | $3.528 | $3.506 | $3.459 | $3.566 |
Florida | $3.510 | $3.524 | $3.508 | $3.267 | $3.437 |
Georgia | $3.391 | $3.395 | $3.323 | $3.297 | $3.285 |
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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